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FSCA issues public warning against Funeral Assist 24

03 November 2020

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Funeral Assist 24. The FSCA suspects Funeral Assist 24 of conducting unauthorised financial services business and breaching various financial sector laws.

FSCA issues public warning against Majestic Funeral Insurance

03 November 2020

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

FSCA fines Mr Markus Jooste and three others around R241 million for insider trading related breaches

30 October 2020

The Financial Sector Conduct Authority (the Authority) has imposed an administrative penalty of R161 568 068 on Mr Markus Johannes Jooste (Mr Jooste) for breaches of section 78 (4) (a) and section 78 (5) of the Financial Markets Act, 19 of 2012 (the Financial Markets Act).

FSCA conducts search operations at premises of Mirror Trading International

29 October 2020

On 26 October 2020, the Financial Conduct Authority (FSCA) executed three search and seizure warrants, which were issued by three separate high courts in Limpopo, Kwazulu-Natal and Western Cape, on application by the FSCA, at the home of the Chief Executive Officer of Mirror Trading International (MTI), Mr. Johan Steynberg, the home of the Marketing Director of MTI, Mrs. Cheri Marks, and the MTI offices in Stellenbosch.

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

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