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

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Update on Impilo Plus Insure

Update on Impilo Plus Insure

15 June 2021

On 18 February 2021, the Financial Sector Conduct Authority (FSCA), cautioned the public about conducting business with Impilo Plus (Impilo Plus (Pty) Ltd t/a Impilo Plus Insure), who were conducting unauthorised financial services. At the time, Impilo Plus was not authorised to provide financial services, as defined in terms of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act).

Statements about the effect of Covid-19 vaccines on life insurance policies

Statements about the effect of Covid-19 vaccines on life insurance policies

15 June 2021

It has been brought to the attention of the Financial Sector Conduct Authority (FSCA) that there are inaccurate reports, particularly on social media platforms, which indicate that getting the Covid-19 vaccine will render life insurance policies “null-and-void” because the vaccines are regarded as “experimental medicine”.

FSCA warns the public against Imvelo Stock Exchange (Pty) Ltd masquerading as an Exchange

FSCA warns the public against Imvelo Stock Exchange (Pty) Ltd masquerading as an Exchange

11 June 2021

The Financial Sector Conduct Authority (FSCA) warns the public against conducting any financial or security services related business with an entity by the name Imvelo Stock Exchange (Pty) Ltd.

FSCA issues public warning against Aviwe Sbahle and Forex Rehab

FSCA issues public warning against Aviwe Sbahle and Forex Rehab

07 June 2021

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Ms Aviwe Sbahle (Aviwe) and Forex Rehab.

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Broker versus mystery shopper?

Broker versus mystery shopper?

24 May 2021
FSCA warns the public against FSCABUD

FSCA warns the public against FSCABUD

20 May 2021
FSCA warns the public against Trade Oasis and Deborah Lorraine

FSCA warns the public against Trade Oasis and Deborah Lorraine

10 May 2021
FSCA warns the public against Fx Trade Bitcoin

FSCA warns the public against Fx Trade Bitcoin

06 May 2021
Public warning against Union Fx

Public warning against Union Fx

06 May 2021
FSCA enters into an enforceable undertaking with Basfour and Ms. Jane Engelbrecht

FSCA enters into an enforceable undertaking with Basfour and Ms. Jane Engelbrecht

30 April 2021
FSCA warns the public

FSCA warns the public

28 April 2021
FSCA warns the public against Walter Monte Weakley

FSCA warns the public against Walter Monte Weakley

19 April 2021