The Draft Capital Flow Management Regulations, 2026 are proposed new rules aimed at modernising how money, investments, and financial assets move in and out of South Africa. They are intended to replace the Exchange Control Regulations of 1961, which have governed cross-border financial transactions for more than six decades. The draft regulations seek to create a more flexible and transparent system by reducing unnecessary approval requirements, introducing clearer rules for areas such as cryptocurrency and foreign assets, and shifting the focus from strict control to greater oversight and reporting. The proposed framework is designed to make it easier for individuals and businesses to participate in a modern global economy while maintaining safeguards against financial crime and unlawful transactions.
