Wrapping up 2021

Wrapping up 2021

With December 2021 now upon us and everyone planning their rest and relaxation, it’s a worthy chance to catch our breath, celebrate and appreciate the year that has been. As with the past years, 2021 has been challenging for most South Africans! Yet, we seem to...
FATF Evaluation of South Africa

FATF Evaluation of South Africa

Here are some of the key findings as contained in South Africa’s Mutual Evaluation Report released by the Financial Action Task Force (FATF) on Thursday last week. The following was taken from Extract from the 240-page report: a. The main domestic money...
FSCA Request for Information

FSCA Request for Information

The FSCA is in the process of implementing an Integrated Regulatory System (IRS). This system will enable it to integrate all regulatory and supervisory information held on FSPs, and provide a medium of displaying the profile data of institutions through the...
FSCA Annual Report

FSCA Annual Report

A delve into the FSCA Annual Report According to some analysis from Moonstone, levies from the financial services sector contributed R837 million (2020: R827m) to the FSCA’s revenue of R927m (R926m) in the year to the end of March 2021, according to the authority’s...