“Vicky will be greatly missed as Chair by both members and the Secretariat, having brought deep technical knowledge and impressive consensus-building skills to the role. She leaves behind a record of having finalised significant reform projects…
The FSCA said that clients were charged various fees to have the reimbursements processed. The impersonator/s used the email address nr-complaints@cysec.gov.cy, and the details of Lakovidou, to convince members of the public that they were employed…
The Minister of Finance, Enoch Godongwana, MP, has announced the appointment of Pieter Smit as an interim Director at the Financial Intelligence Centre (FIC), who will take up the position from 1 September 2023.
In an effort aimed at promoting consumer empowerment and financial literacy, some of the financial ombud schemes in South Africa, namely the Ombudsman for Banking Services (OBS), the Credit Ombud (CO), the Financial Advisory and Intermediary…
"Some of the risks include privacy and data breaches, misconduct and fraud arising from data exposure, as well as operational and cybersecurity concerns. The purpose of the Draft Position Paper is therefore to set out how the FSCA proposes to…
"The FSCA’s rolling 3-year Regulation Plans will be reviewed and revised on an annual basis and used as a strategic tool to assist the FSCA in developing the regulatory framework falling within its purview, in a strategic and focused manner,"…
"After ten years of development, three consultations, six field-testing exercises and three years of confidential reporting, I am pleased that the Executive Committee of the IAIS has agreed on the candidate ICS as a prescribed capital requirement…
"The FSCA and the Commissioner hereby confirm that they do not conduct any business on the WhatsApp messaging platform. The FSCA has formal processes to deal with any matters under investigation by the institution, and at no stage will such…
The Financial Sector Conduct Authority (the FSCA) has imposed an administrative penalty of R100 000 on JP Markets SA (Pty) Ltd (JP Markets) for contravening section 2 of the Over-the-Counter Derivative Provider (ODP) Regulations.
"The provisional withdrawal of SAM’s FSP license means that SAM may not render any financial services to clients, and on behalf of any financial product provider, as contemplated in section 3 of Financial Sector Regulation Act, No. 9 of 2017…
"The FSCA remains committed to playing its part in promoting financial sector transformation. We are grateful to all those who provided inputs into our draft strategy, which were considered and taken into account in revising the document.,"…
"The project was triggered by the realisation in 2007 that an estimated 13 000 funds were registered but just over half of them managed to submit their annual financial statements and some with discrepancies," says the Financial Sector Conduct…
"IC Markets confirmed they are not associated with the impersonators and that these scammers are using their brand name, logos and trademark without permission to offer investment opportunities and dupe the public," says the FSCA.
“The finalisation of the comparability criteria, through a robust and transparent process, marks further progress toward our commitment to assess whether the AM provides comparable outcomes to the ICS”, said Vicky Saporta, IAIS Executive Committee…
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