Why the regulator has slapped MET Collective Investments with a record R100mn fine

PUBLISHED: Wed, 02 Oct 2019 10:50:37 GMT


The Financial Sector Conduct Authority (FSCA) has handed down one of its largest fines to date, as they hit MET Collective Investments, a unit trust fund of listed company Momentum with a R100 million fine for contravening various sections of the financial sector laws. Joining CNBC Africa for more is Jurgen Boyd, Divisional Executive for Market Integrity Supervision at the FSCA.

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