The Financial Sector Conduct Authority (‘FSCA’) has published its regulatory strategy, which aims to address its regulatory and supervisory priorities for the next three years, the intended key outcomes of the strategy and the guiding principles.
The FSCA’s focus will be on achieving the following strategic objectives:
Improve industry practices to achieve fair outcomes for financial customers;
Act against misconduct to support confidence and integrity in the financial sector;
Promote the development of an innovative, inclusive, and sustainable financial system;
Empower households and small businesses to be financially resilient; and
Accelerate the transformation of the FSCA into a socially responsible, efficient and responsive organization.