FSRA – Amendment of notice of commencemen of Ombud Council

Posted on

The commencement dates of certain provisions under the Financial Sector Regulation Act has recently amended and as a result published in a Government Gazette. Some of these include:

Chapter 14 (sections 175 to 217) that described the Ombud Council will have a commencement date 1 June 2020
The Financial Services Ombud Schemes Act, 2004 will be repealed as of 31 December 2020
Where ever the effective date of 1 April 2020 appears, it will be replaced with the date of 1 April 2021.

Click here to download the Government Gazette.