The FSCA’s Sustainable Finance Programme seeks to harmonise local markets with global ESG standards – focusing on taxonomy, disclosure, reporting and investor education to bolster climate resilience.
The Tribunal agrees with the FSCA that the entity’s key individual did not ‘come clean’ about her past misconduct.
The final Notice removes confusing references to section 14(8), but calls for a wholesale carve-out of retail-to-retail transfers were turned down.
With over 40 warnings issued this year, the FSCA is urging the public to steer clear of investment offers on social media that promise unrealistic returns and falsely claim ties to trusted financial brands.
As a result of the declarator, the High Court ordered the Tribunal to revisit its decision regarding the R50m fine imposed on Viceroy Research.
The FSCA’s success in collecting penalties remains uneven because of several structural and legal challenges.
From funeral policy breaches to crypto non-compliance and weak AML measures, the regulator’s latest report outlines its key priorities – with online harm topping the list.
The FSCA records a marked increase in new investigations in 2024/25, particularly those related to unregistered insurance business.
A top priority is supporting National Treasury in finalising COFI and rolling out the themed frameworks.
The FSCA says Banxso and Afrimarkets are linked through common directorships and conducted their business in a similar manner.
From Facebook investment scams to impersonators posing as Sygnia’s CEO, the FSCA has issued multiple warnings against unauthorised operators.
Mareo-John Nel breached the FAIS Act after signing an enforceable undertaking to remedy the same unlawful conduct he committed previously.
Section 14(1)(b) of the FAIS Act cannot be stretched to catch misconduct discovered after a representative’s tenure.
Whether clients are long-term holders of crypto or occasional traders, transparency now is better than an audit later.
The FSCA has provisionally withdrawn Nessfin’s licence amid concerns over its ties to unauthorised entity MyWealth Legatus and potential breaches of financial sector laws.
The High Court has authorised a commission of inquiry into the affairs of CoCre8 Gold.
Luvuyo Burial and Consulting did not pay the claims in full even after the Ombud’s Office intervened.
