Fsca News Updates

Latest Fsca news headlines.
Find List of Fsca Trends 2024 from various News Websites / Blog / Articles
 

Financial services companies collaborate to build trust in markets

Over 13 financial services companies in South Africa have collaborated to launch the draft market surveillance code of conduct. It was launched at Investecs Market Surveillance Conference in Sandton, Johannesburg yesterday. The aim of th
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25 Jul 2024

Financial sector launches draft market code of conduct to boost trust

South Africas financial services industry has collaborated to launch the draft market surveillance code of conduct to build trust and confidence in the countrys financial markets . Over 13 companies including some of the countrys big ban
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24 Jul 2024

Two-pot retirement: Substantial work still needs to be done before 1 September

Although the president signed the Pension Funds Amendment Bill into law on the weekend to remove another legislative barrier to the implementation of the two-pot retirement system in just over six weeks, a substantial amount of work still needs t
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22 Jul 2024

South African Regulator Targets Social Media Financial Advice

South Africas Financial Sector Conduct Authority (FSCA) is intensifying its efforts to regulate financial advice on social media platforms. The regulatory bodys annual report highlights growing concerns about the influence of financial influencer
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20 Jul 2024

Delay in retirement fund amendments could impact two-pot system rollout, warns FSCA

The Financial Sector Conduct Authority (FSCA) is still waiting for more than 350 retirement funds to submit their respective rule amendments that will allow them to implement the two-pot retirement system. This is according to Zareena Ca
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17 Jul 2024

More than 2 000 security firms defaulting on pension contributions

The Financial Sector Conduct Authority (FSCA) has revealed that over 2 000 security firms in South Africa are defaulting on pension contributions. Workers in the security sector have held several protest marches, in a bid to compel their
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17 Jul 2024

Youth guide to understanding the power of a credit score

By Niresh Gopichand Too many young South Africans are entering the workforce without a sufficient understanding of financial fundamentals. This concerning trend is highlighted by financial services provider, who regularly encounters high
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16 Jul 2024

Hawks, FSCA moving against Steinhoff implicated

Nicola Mawson As the Financial Services Conduct Authority (FSCA) continues to chase billions from the estate of Steinhoff International fraud kingpin, the now deceased Markus Jooste, the legal system is making slow progress in prosecutin
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16 Jul 2024

Run on numbers: Numbers don't lie - what fate awaits us?

According to the National Credit Regulator (NRC), there are 27.46 million credit-active South Africans that have R2.37 trillion in debt from registered financial services providers. 1. This is an unsustainable position for South A
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13 Jul 2024

Financial regulators' plans to keep you protected

The financial services industry is one of the most tightly regulated industries in South Africa, and with good reason: your money is at stake. Regulations evolve as the industry evolves, and consumers of financial products and services need to ke
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12 Jul 2024