Explore the Category

FSCA warns the public against Xchangebit.io

23 March 2021

The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services business with Xchangebit.io which is not authorised to give any financial advice or render any intermediary services in terms of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act).

FSCA issues second crypto health warning for consumers

18 March 2021

The Financial Sector Conduct Authority (FSCA) has noted with concern the increasing volume of crypto assets (cryptos) related losses suffered by financial consumers in the past three months. The FSCA urges the public to be extremely cautious and vigilant when dealing with cryptos for any financial services business.

FSCA issues public warning against FWT Markets and Forex Kings

18 March 2021

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with FWT Markets and Forex Kings. The FSCA suspects FWT Markets and Forex Kings of conducting unauthorised financial services business and breaching various financial sector laws.

The FSCA warns the public against an entity purporting to be the Constantia Insurance Group

18 March 2021

The Financial Sector Conduct Authority (FSCA) would like to warn the public to be aware of a third-party entity purporting to be the Constantia Insurance Group. The entity has created a website, offering insurance products to members of the public in South Africa. It claims to offer a commercial insurance product, investments and healthcare solutions, which are similar to the product offerings of Constantia Insurance Company Limited, Constantia Life Insurance Company and Constantia Life and Health.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results