FSCA FAIS Notice 17 of 2020, the Exemption from and extension of period to comply with Fit and Proper Requirements, 2020, has been withdrawn by the FSCA and substituted with FSCA FAIS Notice 22 […]
The FSCA has released Communication 18 of 2020 to inform stakeholders, Financial Services Providers (FSPs) and Key Individuals that, Compliance Reports and Handover Reports usually due for submission to the FSCA in terms […]
Amidst the chaos that the COVID-19 pandemic has caused in our daily lives, we are slowly but surely trying to adapt to the new way of work. But as financial advisers and FSPs, […]
The Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA) have received a number of queries regarding the treatment of financial services as essential services. The following information is extracted from a […]
The FSCA has issued guidance for regarding employers who are unable to pay the full or any contributions on behalf of their employees to their retirement funds in accordance with section 13A of the […]
The services of the FSCA’s Licensing and Business Centre will continue to operate – Click here to view the available support during lockdown.
The services of the FSCA’s Licensing and Business Centre will continue to operate – Click here to view the available support during lockdown.
In the midst of individuals scurrying around, trying to understand how the 21 day lockdown will impact on them, the FSCA provided guidance on various arrangements in respect of submission of statutory returns and fit […]
The Financial Sector Conduct Authority (FSCA) has announced that it will be taking precautionary measures in the interest of containing the COVID-19 pandemic, to protect their staff, the sector and to support Government […]
The Financial Sector Conduct Authority (FSCA) has announced that it will be taking precautionary measures in the interest of containing the COVID-19 pandemic, to protect their staff, the sector and to support Government […]
The FSCA has just released its Perimeter Report of 2020, a report that identifies activities that are testing the FSCA’s regulatory perimeter, that boundary that separates regulated and unregulated activities. This has been […]
A number of new scams, spoofing communication that appears to be from various institutions, have been doing the rounds. In a recent FSCA media release, the Financial Sector Conduct Authority (FSCA) warns the […]
SA has a small but fast-growing fintech industry, presenting considerable benefits and risks. As a result, regulators need an understanding of the fintech landscape in South Africa in order to manage risks in […]
True to form, the FSCA published a number of very important documents for public comment towards the end of 2019. We publish a summary of these documents below which we will discuss in […]
The Financial Services Conduct Authority has imposed an R550 000 penalty on insurer Channel Life for not properly registering intermediaries who collected insurance premiums on its behalf, and for not paying out sufficient […]
The Financial Services Conduct Authority has imposed an R550 000 penalty on insurer Channel Life for not properly registering intermediaries who collected insurance premiums on its behalf, and for not paying out sufficient […]
“It is encouraging to see that the FSCA has made progress in its first year of existence, as evidenced in the pages of this annual report. The performance recorded herein demonstrates that the […]
