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Latest News
FSCA publishes second Integrated Report
The 2023/24 Integrated Report of the Financial Sector Conduct Authority (FSCA) has been successfully tabled in Parliament. The report gives an overview of the FSCA’s performance, covering the period from 1 April 2023 to 31 March 2024. It outlines how...
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FSCA publishes ‘two pots’ guidance for defined-benefit funds
The FSCA has published a “best practice” guidance on how retirement funds should apply the two-pot retirement system to defined-benefit (DB) members, or to defined-contribution (DC) members who have a DB underpin at retirement.
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Communication 27...
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Call to participate in Money Smart Week
National Treasury, the Financial Sector Conduct Authority (FSCA) and the National Consumer Financial Education Committee (NCFEC) has called on organisations and individuals to participate in the Money Smart Week South Africa (MSWSA) 2024 campaign. The 2024 edition of MSWSA will...
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FSCA warns youth of gambling risks during youth month
The Financial Sector Conduct Authority (FSCA) is using Youth Month as an opportunity to caution young people about the dangers of gambling. The FSCA emphasizes that gambling can lead to addiction and have devastating financial consequences for families.
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Publication of names of pension funds and employers with arrear contributions
The FSCA has published a list of employers in arrears for retirement fund contributions. The communication provides the names of employers that contravened section 13A of the Pension Funds Act, 1956 (PFA) which prescribes the manner in which the payment...
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FSCA confirms list of currently approved crypto asset service providers
The Financial Sector Conduct Authority (FSCA) has noted various statements in the media by certain institutions indicating they are the first or only institutions currently licensed as crypto asset service providers (CASPs) under the Financial Advisory and Intermediary Services (FAIS) Act, No. 37...
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FSCA’s response to comments received on the Discussion Paper: A Framework for Unclaimed Financial Assets in South Africa
In 2022, the Financial Sector Conduct Authority (FSCA) published the Discussion Paper on a Framework for Unclaimed Financial Assets in South Africa (the Discussion Paper) and invited public comment on it. This response report summarises the comments received, sets out...
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FSCA Consumer Advisory Panel starts its work
The Financial Sector Conduct Authority (FSCA)'s newly established Consumer Advisory Panel has officially commenced its work, setting its key strategic objectives for the financial year starting on 1 April 2024. The panel was established in November 2023 to provide independent...
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