The Minister of Finance has made amendments to the Money Laundering and Terrorist Financing Control Regulations, 2002.These amendments include: Substitution of Regulation 22B: The prescribed amount of…
A Notice declaring a crypto asset as a financial product under the Financial Advisory and Intermediary Services Act 37 of 2002 (“the Act”) was published in the Government Gazette on 19 October 2022.In…
The Financial Sector Conduct Authority (“FSCA”) published this Discussion Paper on its website regarding the Framework for Unclaimed Assets in South Africa (“Discussion Paper”). The aim of the…
This is an urgent reminder to submit the required ownership information in the prescribed form and manner by no later than 30 September 2022. To download the FSCA`s Information Request, click here. To…
The Financial Sector Conduct Authority ("FSCA") recently hosted a financial soundness workshop for Financial Services Providers (“FSPs”) that collect premiums or hold assets.During this session, the…
On 5 August 2022, the Financial Sector Conduct Authority (“FSCA”) published for public comment the draft Notice proposing to amend the Exemption by the FSCA of certain persons from Joint Standard…
