Directors of Insure Group Managers take their debarments to the FST
Tribunal considers whether the insurers in some way gave their consent to IGM investing the premiums in illiquid assets.
The ‘travel rule’ means CASPs and FSPs cannot initiate a crypto asset transfer unless they can transmit prescribed information.
Read moreTribunal considers whether the insurers in some way gave their consent to IGM investing the premiums in illiquid assets.
Can the FSCA fine persons not domiciled within the jurisdiction of South Africa’s courts?
FSCA proposes consolidated prudential standard for financial reporting requirements.
The amendments to regulation 28 of the Pension Funds Act take effect on January 3.
The exemption does away with the R50 000 average-benefit-per-member threshold and caps the membership threshold at 100.
This comes after nearly three years of having an acting ombud.
Statutory manager says N-e-FG Administrators transferred money to third parties without the required mandates.
They believe it will result in financial advisers including crypto assets in their investment recommendations to clients.
Which entities are included in the FSCA’s declaration, the transitional arrangements, and the conditions attached to the exemptions.
Not much can be done to protect people who fall for get-rich-quick schemes
The exemptions apply to crypto FSPs, their key individuals and representatives, and crypto asset supervised representatives
The FSCA ended its 2022 financial year with a deficit of more than R4.9 million, after recording a surplus of over more than R30m in 2021, its latest annual report shows. The Authority […]
The number of authorised FSPs declined by 1.12% between 2021 and 2022, despite the FSCA approving more FSPs this year, the Authority’s annual report for the year to the end of March shows. […]
South Africa is a land of stark contrasts, and one of the most visible examples is how legislation is applied differently across various sectors of the economy. The financial services industry is one […]
Recordings of the Authority’s recent workshops on financial soundness are available on YouTube.
The FSCA has published a conduct standard setting out the requirements relating to third-party cell captive insurance business. Conduct Standard 2 of 2022 (INS) came into operation on 1 October and applies immediately […]