Compliance - Regulatory

Determination: Hendrik Everhardus Grundling Du Preez vs Ernest Venter ta Ernest Venter Makelaars

FSCA issues public warning against Thulani FX Mboweni

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Thulani FX Mboweni. The FSCA suspects Thulani FX Mboweni of conducting unauthorised financial services business.

The Struggle for the RDR to Find its Regulatory Footing

The Twin Peaks regulatory model (Twins Peaks) was implemented in April of 2018, fundamentally changing the South African financial regulatory system into two regulatory streams, primarily the Prudential Authority (PA) and Financial Services Conduct Authority (FSCA).

The face of financial advice regulation to take a break from the FSCA

The person who many would identify as the face of insurance and financial advice regulation in South Africa will be taking a well-earned break after seven years with the regulatory authority. Caroline da Silva joined the Financial Services Board (FSB) in 2013 and continued working at the re-named Financial Sector Conduct Authority (FSCA) upon its establishment in 2018. Caroline, who served in various capacities over the years, has been intimately involved with most of the recent regulatory interventions affecting the insurance industry, including the frenetic implementation of the Twin Peaks structure indicated in the Financial Sector Regulation (FSR) Act.