KEEP UP TO DATE WITH ALL THE IMPORTANT COVID-19 INFORMATIONCOVID-19 RESOURCE PORTAL

FANews
FANews
RELATED CATEGORIES

FSCA releases latest 3-year Regulatory Strategy document

14 December 2021 The Financial Sector Conduct Authority (FSCA)

The Financial Sector Conduct Authority (FSCA) has released its Regulatory Strategy document which outlines its key priorities for the next three years, as is required by the Financial Sector Regulation Act (FSRA). The inaugural FSCA Regulatory Strategy was published in October 2018, covering the three-year period ending in September 2021. The FSCA’s revised strategy is applicable from 14 December 2021 to 31 March 2025.

This critical document outlines the following:

- The make-up and operations of the FSCA;
- The Authority’s five strategic objectives for the period;
- Progress made in achieving the objectives set out in the FSCA’s first strategy; and
- The guiding principles that inform the approach to the Authority’s work.

“This strategy builds on the work that has been done since the inception of the FSCA, which laid a solid foundation for what we intend to do going forward. Our five strategic focus areas speak directly to why our organisation exists, and it is our intention to achieve these as excellently as we possibly can,” said FSCA Commissioner, Unathi Kamlana.

The strategic objectives and outcomes of the next three years are aligned with the FSCA’s Strategic Plan (2020-2025) and Annual Performance Plans, based on the financial year starting 1 April of each year. These are:

The Regulatory Strategy document can be accessed via the FSCA website on this link:
FSCA Regulatory Strategy 2021-2025

 

Quick Polls

QUESTION

There are countless articles written about South Africa’s poor retirement outcomes. Which of the following would you single out as the biggest contributor to local savers not accumulating enough to buy an adequate and sustainable pension?

ANSWER

Lack of personal accountability
Poor participation in formal retirement funds
Reluctance to seek financial advice early on
SA’s high unemployment rate
fanews magazine
FAnews April 2022 Get the latest issue of FAnews

This month's headlines

The ethical core of insurance relationships
Debarment… a double whammy
A beginner’s guide to scaling the Tech Mountain
Leadership, climate and cybercrime… SA’s top risks
Unpacking the retirement reform developments
Subscribe now