Regulatory Guidance

    Latest NCR Circulars

    The National Credit Regulator issues circulars to communicate regulatory guidance, clarifications, and compliance expectations to registered participants within the credit industry.

    NCR circulars do not replace the National Credit Act, its Regulations, or court decisions. They are issued to provide direction on how the NCR interprets and applies its supervisory and enforcement responsibilities at a given point in time.

    What Are NCR Circulars?

    NCR circulars are formal regulatory communications issued by the National Credit Regulator. They typically address:

    • compliance expectations for registered participants
    • operational guidance on regulated processes
    • clarification of regulatory positions
    • implementation of legislative or regulatory changes

    Circulars are binding to the extent that they reflect lawful regulatory requirements and are applied within the scope of the National Credit Act.

    Who NCR Circulars Apply To

    Depending on their content, NCR circulars may apply to one or more of the following registered participants:

    • Debt counsellors
    • Credit providers
    • Credit bureaux
    • Payment Distribution Agents (PDAs)
    • Alternative Dispute Resolution (ADR) agents

    Consumers are not regulated by NCR circulars directly, but circulars may affect how regulated participants interact with consumers.

    Latest NCR Circulars (Overview)

    Below is an overview of recent NCR circulars that are relevant to debt counselling, debt review, credit reporting, and related compliance obligations.

    Note: For accuracy and legal certainty, readers are encouraged to consult the official circulars published by the National Credit Regulator.

    View Official NCR Circulars

    NCR Circular 003 of 2026

    Subject

    DHS Staggered Update Schedule

    Who it applies to

    Debt counsellors, credit providers, and credit bureaux.

    What it addresses
    • phased DHS restoration timeline following extended downtime
    • batch processing windows and submission sequencing
    • compliance obligations during the transition period
    Practical impact

    Outlines the structured return of DHS functionality and sets expectations for when debt counsellors can resume normal submissions.

    NCR Circular 01 of 2026

    Subject

    Debt Help System (DHS) Downtime Notice

    Who it applies to

    Debt counsellors, credit providers, credit bureaux, and PDAs.

    What it addresses
    • scheduled DHS downtime for system maintenance and upgrades
    • impact on Form 17.1 submissions and status updates
    • interim compliance expectations during the outage period
    Practical impact

    Notified all participants of planned DHS unavailability and provided guidance on how to manage submissions during the downtime window.

    NCR Circular 11 of 2025

    Subject

    Clearance Certificate Webinars

    Who it applies to

    Debt counsellors and credit providers involved in the clearance certificate process.

    What it addresses
    • scheduled webinar sessions on clearance certificate procedures
    • regulatory expectations for issuing and processing clearance certificates
    • common compliance errors and best practices
    Practical impact

    Provided training opportunities for debt counsellors to improve clearance certificate compliance and reduce processing delays.

    NCR Circular 07 of 2025

    Subject

    Misrepresentation of Debt Review Status

    Who it applies to

    Debt counsellors, credit providers, and credit bureaux.

    What it addresses
    • practices involving false or misleading debt review status representations
    • regulatory consequences for participants who misrepresent consumer statuses
    • obligations to ensure accurate credit bureau reporting
    Practical impact

    Warns against fraudulent debt review removal schemes and reinforces that status changes must be lawfully substantiated through the National Credit Act.

    NCR Circular 09 of 2025

    Subject

    Debt Help System (DHS) status updates and reporting obligations

    Who it applies to

    Debt counsellors, credit bureaux, and other registered participants submitting or relying on DHS data.

    What it addresses
    • reporting and updating of debt review statuses
    • administrative responsibilities relating to the Debt Help System
    • alignment between DHS records and credit bureau data
    Practical impact

    This circular reinforces the importance of accurate, timely status updates and clarifies that administrative systems reflect lawful outcomes rather than create them.

    NCR Circular 02 of 2025

    Subject

    Compliance expectations relating to debt review removal and related services

    Who it applies to

    Debt counsellors and entities offering debt review-related services.

    What it addresses
    • lawful scope of debt review removal services
    • compliance with the National Credit Act when advertising or offering such services
    • avoidance of misleading representations to consumers
    Practical impact

    This circular emphasises that debt review removal must occur through lawful mechanisms provided for in the National Credit Act and may not be misrepresented as an administrative or discretionary process.

    NCR Circular 01 of 2025

    Subject

    Operational and compliance guidance for debt counselling practices

    Who it applies to

    Registered debt counsellors.

    What it addresses
    • professional conduct and compliance obligations
    • administrative and procedural expectations
    • consumer communication and record-keeping
    Practical impact

    The circular reinforces minimum compliance standards and clarifies regulatory expectations for ongoing debt counselling operations.

    How NCR Circulars Should Be Read

    NCR circulars should always be read:

    • together with the National Credit Act 34 of 2005
    • together with applicable Regulations
    • in light of court decisions, where relevant

    Circulars do not create new law. They explain how the NCR expects regulated participants to comply with existing legal requirements.

    Why NCR Circulars Matter

    Understanding NCR circulars helps:

    • registered participants maintain regulatory compliance
    • consumers identify lawful versus misleading practices
    • reduce disputes arising from incorrect expectations
    • promote consistent application of the National Credit Act

    Misunderstanding or ignoring circulars can result in non-compliance and regulatory enforcement action.

    Accessing Official NCR Circulars

    The National Credit Regulator publishes its official circulars and notices through its own communication channels. Readers are encouraged to consult the original publications for full and authoritative details.

    Relationship Between Circulars, Debt Review, and Debt Review Removal

    In the context of debt review and debt review removal:

    • NCR circulars clarify compliance and reporting obligations
    • they do not authorise or approve individual debt review outcomes
    • they do not replace court processes or statutory requirements

    Debt review removal remains subject to the lawful mechanisms provided for in the National Credit Act.

    Sources and Further Reading