FSB warns the public against Financika

The Financial Services Board (FSB) warns the public against conducting financial services business with Financika, providing forex trading platform and advisory services.

Financika is not authorised to render financial services in South Africa and are not representatives of an authorised financial services provider as required by the Financial Advisory and Intermediary Services (FAIS) Act, 37 of 2002.

The FSB again reminds consumers who wish to conduct financial services with an institution or person to check beforehand with the FSB on either the toll free number (0800 110 443) or on the website www.fsb.co.za as to whether or not such institution or person is authorised to render financial services.