![](https://www.moonstone.co.za/wp-content/uploads/deposit-insurance-1.jpg)
How SA’s insurance scheme for bank deposits will work
Secondary legislation is required for the Corporation for Deposit Insurance to become operational in 2024.
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read moreSecondary legislation is required for the Corporation for Deposit Insurance to become operational in 2024.