Compliance - Regulatory

Decoding COFI: Giving teeth to TCF

FSCA Consumer Advisory Panel starts its work

The Financial Sector Conduct Authority (FSCA)’s newly established Consumer Advisory Panel has officially commenced its work, setting its key strategic objectives for the financial year starting on 1 April 2024.

Not quite R4.8 billion, but the FSCA has fining power too

In a week dominated by news that the South African Revenue Services (SARS) was seeking R4.8 billion and change in ‘damages’ from JSE-listed firm, Sasfin Holdings, you could be excused for missing a couple of ‘small change’ enforcement actions announced by the Financial Sector Conduct Authority (FSCA).

Life offices and asset managers exceed B-BBEE ownership targets, but face hurdles with employment equity targets

Life offices and asset managers represented by the Association for Savings and Investment South Africa (ASISA) have made encouraging progress towards achieving the relevant transformation targets set by the Amended Financial Sector Code (FSC).