R2m fine as FSCA tightens net on unlicensed investment schemes

Twin enforcement actions show sustained pressure on unauthorised operators and market misconduct.

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How the FSCA spent your levies

Levies from the financial services sector contributed R837 million (2020: R827m) to the FSCA’s revenue of R927m (R926m) in the year to the end of March 2021, according to the authority’s annual report. […]

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How the FSCA spent your levies

Levies from the financial services sector contributed R837 million (2020: R827m) to the FSCA’s revenue of R927m (R926m) in the year to the end of March 2021, according to the authority’s annual report. […]

Read More