Misunderstanding explains consumers’ low trust in insurance, survey finds
It also found that customers’ perceptions of how financial institutions – specifically, their bank – treat them affects their uptake of insurance.
Financial Institutions
‘Raft of financial sector legislation coming in the next 3 to 5 years’
FSCA wants to step up market surveillance to combat insider trading and price manipulation.
FSCA gives financial institutions a new deadline to update their profiles
The FSCA is now giving licensed financial institutions, including FSPs, until 31 January to verify or update their profile information on the FSCA’s e-portals. The authority issued the request for information in October […]
Cybercrimes Act takes effect – sending threatening messages can land you in prison
Certain sections of the Cybercrimes Act came into effect on Wednesday, which means it is now a criminal offence to, among other things, send messages on social media that threaten to harm someone […]
Cybercrimes Act takes effect – sending threatening messages can land you in prison
Certain sections of the Cybercrimes Act came into effect on Wednesday, which means it is now a criminal offence to, among other things, send messages on social media that threaten to harm someone […]
Financial institutions, including FSPs, must update their profiles with the FSCA
Licensed financial institutions, including FSPs, have until December 15 to verify or update their profile information on the FSCA’s e-portals. However, they might be experiencing some problems in completing this task, because several […]
Financial institutions, including FSPs, must update their profiles with the FSCA
Licensed financial institutions, including FSPs, have until December 15 to verify or update their profile information on the FSCA’s e-portals. However, they might be experiencing some problems in completing this task, because several […]
COVID-19 – Directive to financial institutions on required measures
A Directive, jointly issued by the Financial Sector Conduct Authority (FSCA) and the Prudential Authority(PA), reads: “In order to complement the respective nationwide measures being put in place to contain the spread of […]
FSCA news – Request for information from certain financial institutions
The FSCA has commissioned a classification of all identity numbers and company registration numbers of financial institutions on record. As a result certain identified financial institutions will receive a “request for information” template […]
Levies on financial institutions – Published by the FSCA
The FSCA has published the 2019 levy notice: Category I or IV FSP (a) A base amount of R3 575; and (2018: R3 373) (b) KI/Rep x R570 (2018: R538) Category I or […]
Levies on financial institutions – Published by the FSCA
The FSCA has published the 2019 levy notice: Category I or IV FSP (a) A base amount of R3 575; and (2018: R3 373) (b) KI/Rep x R570 (2018: R538) Category I or […]
Proposed levies on Financial Institutions – FSCA requests comments
According to Pam Saxby of Legalbrief Policy Watch, the FSCA has called for input by 21 June 2019 on proposed levies for the 2019/20 financial year to be imposed on a raft of affected institutions. […]
