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

FSCA warns the public against “James Norton” and “Mark Green” alleging to be affiliated with BlackRock Asset Management

The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when dealing with an individual or group impersonating BlackRock Asset Management (BlackRock). The individuals use the aliases ‘James Norton’ or ‘Mark Green’ and claim to be affiliated with BlackRock.

FSCA statement on SCA ruling regarding JP Markets

The FSCA has noted the decision of the Supreme Court of Appeal (SCA) to overturn the judgement of the Gauteng Division of the High Court, which had allowed for the liquidation of JP Markets (Pty) Ltd. The FSCA has also noted the Honourable Court’s interpretation with reference to the fair and equitable principle.

FSCA warns the public against Mr S Shangase, an individual impersonating Bateleur Capital (FSP: 18123) on WhatsApp

The FSCA welcomes corrective actions by Binance Group

Following productive consultations with the Financial Sector Conduct Authority (FSCA), the Binance Group has announced it will no longer be offering its clients in South Africa access to some of its platform’s services and products.