Compliance - Regulatory / Financial Sector Conduct Authority (FSCA) (was FSB)

FSCA imposes administrative penalty on Mr Craig Timothy Featherby

The Financial Sector Conduct Authority (FSCA) has imposed an administrative penalty of R 800 000 on Mr Craig Timothy Featherby (Featherby) in terms of section 167(1)(a) of the Financial Sector Regulation Act No.9 of 2017 (the FSR Act).

Invitation to comment: South Africa - Financial Ombud System Diagnostic Report

FSCA warns the public against Global TradeATF/Bayline Trading Ltd

The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when doing any financial services business with Global TradeATF/Bayline Trading Ltd (Global TradeATF). This entity is suspected of providing unauthorised financial advice and intermediary services.

Statement on SASRIA SOC Limited insurance claims

The FSCA has noted with concern the civil unrest, riots and looting that have been happening in various parts of the country. At this stage, the extent of the damage suffered by businessowners has not been confirmed, as the loss figures change when new claims are reported.