Financial sector policy
Shaping regulatory, strategic and institutional frameworks for a stable, competitive and future-ready financial system.
Krutham partners with regulators, central banks, banks, fintechs and financial-market infrastructures across Africa to develop policy, regulatory frameworks and institutional strategies that strengthen market stability, innovation and resilience.
The Krutham approach
We bridge deep regulatory expertise with market-structure insight to design forward-looking policies and supervisory frameworks that support financial-sector transformation and competitiveness.
Regulatory foresight and reform design
We help policy makers develop regulations to improve the public benefits of financial systems. This includes impact investing frameworks, regulatory development including Basel standards, strengthening to sandbox development and digital-asset regulation.
Financial-market-infrastructure & digital-payments policy
We advise on modernising clearing, settlement, interoperability and digital-payments architecture, including tokenisation, open banking, real-time payments and cross-border flows.
Macro-financial stability & systemic-risk analysis
Our analysis spans sovereign/SOE exposures, dollar-funding vulnerabilities, credit-cycle dynamics, climate-transition risks and structural constraints affecting national financial stability.
Governance, supervision & institutional resilience
We assist regulators, supervisors and regulated entities to strengthen governance, capital frameworks, supervisory alignment and policy implementation capacity.
Proven results
We consult with regulators and public institutions to modernise payments ecosystems, develop innovative policy frameworks and advance digital finance regulation.
We advise banks, supervisors and financial market entities on achieving policy alignment, regulatory transformation and effective compliance practices.
We conduct in-depth analysis of macro-financial stability, risk management and regulatory frameworks that shape sustainable market development.
We collaborate with institutions across African markets to address local regulatory requirements while fostering harmonisation and best practice adoption.
Comprehensive capabilities
Policy, regulation and reform advisory
Impact investing environment development
Financial sector policy reviews
Basel III/IV capital & liquidity readiness
Supervisory strengthening of anti-money laundering and countering the financing of terrorism (AML/CFT) policies
Technical committee and regulatory engagement support
Digital finance and financial infrastructure policy
Payments-system architecture design
Open-banking and interoperability frameworks
Tokenisation and digital asset regulation
Cross-border payments & settlement design
Sandbox and innovation-framework development
Systemic-risk, governance and capital frameworks
- Sovereign-SOE and currency exposure analysis
- Macro-prudential stress testing
- MSME credit and renewable finance risk diagnostics
- Balance sheet resilience mapping
Thought leadership and public-sector capability building
Policy briefs, discussion papers and national-strategy inputs
Executive and supervisory workshops
Capacity-building for regulators and public institutions
Thought leadership
The South African financial sector makes up a quarter of GDP and represents a clear national asset. However, other markets now provide compelling alternatives to global investors as domiciles for their investments. To compete effectively, South Africa must act decisively.
— Dr Stuart Theobald, Krutham chair and convenor, Operation Phumelela
FROM:
Operation Phumelela calls for reforms to bring financial services back onshore