The functions and purpose of the FSCA is defined in the Financial Sector Regulation Act, No. 9 of 2017 (FSRA). The FSCA will further continue to supervise financial institutions in terms of the following Acts (financial sector laws).
The FSRA and the financial sector laws empower the FSCA to make conduct standards. The FSCA and the Prudential Authority may make joint standards on matters of common interest. We may issue guidance notices and interpretation rulings.