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FSCA update on approved Crypto Asset Service Providers

03 July 2024

On 22 April 2024, the Financial Sector Conduct Authority (FSCA) confirmed that it had, at that point, approved a total of 75 institutions to be licensed as Crypto Asset Service Providers (CASPs) under the Financial Advisory and Intermediary Services (FAIS) Act, No. 37 of 2002.

FSCA publishes its latest Regulatory Actions Report

01 July 2024

The Financial Sector Conduct Authority (FSCA) has published its latest Regulatory Actions Report for the previous financial year. The report highlights the FSCA’s enforcement efforts between 1 April 2023 and 31 March 2024 and outlines the Authority’s future focus areas based on identified trends and risks.

FSCA launches pension ‘Know Your Rights’ campaign

20 June 2024

The Financial Sector Conduct Authority (FSCA) is set to launch a nation-wide 'Know Your Rights' campaign aimed at educating Members and the Boards of Trustees of Retirement Funds, as well as the public, about their rights and responsibilities regarding retirement fund contributions and the two-pot retirement system (otherwise known as the two-component system).

FSCA warns the public against individual(s) impersonating the FSCA and its staff

21 May 2024

The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when dealing with individuals impersonating the FSCA, and its staff member, Mr Melvin Fish (Mr Fish).

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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