
FSCA signals delay to Omni pilot as rollout reaches ‘inflection point’
Officials outline key supervisory areas affecting financial institutions, with a focus on governance, AML controls, cyber resilience, and consumer-facing risks.

Officials outline key supervisory areas affecting financial institutions, with a focus on governance, AML controls, cyber resilience, and consumer-facing risks.

With only 16% of South Africans financially healthy, insurers are being pushed to prove that products deliver real value when customers need them most.

Listings reform, settlement changes, retail participation, and infrastructure upgrades feature as ways to strengthen market depth and competitiveness.

The Authority is studying the influence of financial content on social media, while advancing industry co-ordination as online fraud losses rise.

The Authority urges financial firms to assess the likely impact of the COFI framework across governance, licensing, product design, and data.

Unathi Kamlana says regulation must evolve with a more complex, technology-driven financial sector, with greater focus on accountability and customer outcomes.

IRS, which is set to go live in 2026, will leverage smart analytics to automate risk assessments and provide a comprehensive view of regulated entities.