FSCA Website FSCA Home
The Financial Sector Conduct Authority (FSCA) is a regulatory body in South Africa, responsible for overseeing the conduct of financial institutions to ensure they operate in a manner that is fair, transparent, and in the best interests of consumers. The FSCA aims to enhance the efficiency and integrity of financial markets, promote fair treatment of financial customers, and provide financial education to the public.
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Citation Level
2018
English, etc
Website Key Features
Regulatory Framework
Provides a comprehensive regulatory framework for financial institutions to ensure compliance with national and international standards.
Consumer Complaints
Offers a platform for consumers to lodge complaints against financial institutions for unfair practices.
Financial Education
Conducts programs and initiatives aimed at improving financial literacy among the South African population.
Market Surveillance
Monitors financial markets to detect and prevent market abuse, ensuring fair and transparent trading practices.
Licensing and Registration
Manages the licensing and registration of financial service providers, ensuring they meet the required standards to operate.
Policy Development
Engages in the development of policies that promote the stability and integrity of the financial sector.
Enforcement Actions
Takes enforcement actions against financial institutions that violate regulatory requirements, including fines and sanctions.
Research and Publications
Conducts research on financial markets and publishes reports to inform stakeholders and the public.
International Cooperation
Collaborates with international regulatory bodies to promote global financial stability and integrity.
Stakeholder Engagement
Engages with stakeholders, including financial institutions, consumers, and government entities, to address issues and improve the financial sector.
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Additional information
Headquarters
Pretoria, South Africa
Website
https://www.fsca.co.za
Contact Information
Phone: +27 12 428 8000, Email: info@fsca.co.za
Social Media
Twitter: @FSCA_ZA, LinkedIn: Financial Sector Conduct Authority (FSCA)
Legal Framework
Operates under the Financial Sector Regulation Act, No. 9 of 2017.
Objectives
To protect financial customers, ensure the fair treatment of customers by financial institutions, and promote financial stability.
Key Achievements
Implemented a comprehensive regulatory framework, enhanced consumer protection measures, and improved financial literacy among the public.
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