Compliance - Regulatory

The COFI wait-and-see may be nearing its end

At a recent asset manager event, the best a legal adviser could offer on when the long-awaited Conduct of Financial Institutions (COFI) Bill might be promulgated was a tongue-in-cheek “COFI is perpetually around the corner”. In search of a more definitive answer, your writer attended the Financial Sector Conduct Authority (FSCA) Conference held in Johannesburg on 18-19 March 2026.

Are you audit-ready?

AI, ethics, and the future of risk

As the regulatory landscape grows increasingly complex, organisations are turning to generative AI to enhance their risk assessment capabilities.

South Africa: FSCA submits draft CIS notice to Parliament on a determination relating to foreign collective investment schemes soliciting investments

On 6 February 2026, the Financial Sector Conduct Authority (FSCA) issued FSCA Communication 1 of 2026 announcing that a draft determination relating to foreign collective investment schemes (CISs) has been submitted to Parliament (draft Determination). The draft Determination follows the FSCA’s request for (and consideration of) written submissions from the public which were due on or before 11 October 2024.