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Compliance - Regulatory

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FSCA warns the public against fraudulent FSCA correspondence

FSCA warns the public against fraudulent FSCA correspondence

The Financial Sector Conduct Authority (FSCA) warns the public to be cautious of fraudulent messages from entities impersonating the FSCA.

Justifiable under the circumstances

Justifiable under the circumstances

Most of the determinations that we receive involve members of the public alleging that they have been unfairly treated. In this determination by the Office of the Pension Funds Adjudicator (OPFA), however, the allocation of death benefits seems justifiable under the circumstances.

FSCA warns the public against Moneyweb Private Bank

FSCA warns the public against Moneyweb Private Bank

The Financial Sector Conduct Authority (FSCA) warns the public not to conduct any financial services business or invest funds with Moneyweb Corporate Bank Limited (also trading as Moneyweb Private Bank).

36ONE Asset Management’s application against FSCA dismissed by Financial Services Tribunal, fined R350 000

36ONE Asset Management’s application against FSCA dismissed by Financial Services Tribunal, fined R350 000

The Financial Services Tribunal has dismissed an application by 36One Asset Management (Pty) Ltd (36ONE) to have a decision taken by the Financial Sector Conduct Authority (FSCA) that 36ONE had solicited investment into unapproved funds set aside.

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A caution from the Insurance Ombudsman

A caution from the Insurance Ombudsman

23 January 2020 | Life Ombudsman
Financial sector transformation progress below expectation

Financial sector transformation progress below expectation

16 January 2020 | General
2020 Risk outlook: Use GRC to build resilience

2020 Risk outlook: Use GRC to build resilience

14 January 2020 | General
FSCA provisionally withdraw the licence of Exclusive Life Financial Services (Pty) Ltd

FSCA provisionally withdraw the licence of Exclusive Life Financial Services (Pty) Ltd

FSCA warns the public against House of Monopoly (Pty) Ltd

FSCA warns the public against House of Monopoly (Pty) Ltd

New Deputy Pension Funds Adjudicator

New Deputy Pension Funds Adjudicator

12 December 2019 | PFA - Pension Fund Adjudicator
FSCA warns the public against Afrikan Financial Services (Pty) Ltd

FSCA warns the public against Afrikan Financial Services (Pty) Ltd

Life insurers report fewer cases of non-disclosure, but rampant fraud proves a challenge for funeral insurance

Life insurers report fewer cases of non-disclosure, but rampant fraud proves a challenge for funeral insurance