Deposit Insurance Scheme

South Africa’s Deposit Insurance Scheme (DIS), commissioned by the South African Reserve Bank (SARB) and led by the Corporation for Deposit Insurance, aims to protect and enhance financial stability and improve regulators’ crisis management capabilities. The DIS will provide increased regulatory supervision and deposit protection of up to R100 000 for bank customers. Monocle has been working with our clients to develop their strategic DIS architectural solutions and we will continue to support them as they prepare for go-live in the next few months.