The Financial Sector Conduct Authority has slapped Tongaat Hulett with a R20 million fine. This is after an investigation found significant accounting irregularities. Joining CNBC Africa to give insight into the investigation is Brandon Topham, Divisional Executive for Enforcement at the Financial Sector Conduct Authority.
The Financial Sector Conduct Authority has published the Conduct Standard for Banks, which aims to regulate and supervise banking institutions, and to promote the treatment of financial customers. Having successfully undergone the Parliamentary process, the Conduct Standard has been made final. Joining CNBC Africa for this discussion is Kedibone Dikokwe, Divisional Executive, Conduct of Business Supervision at the Financial Services Conduct Authority and Adri Grobler, Manager, Legislation & Regulatory Oversight in the Market Conduct Division at the Banking Association of South Africa.
The financial sector conduct authority has called on all regulated companies to treat customers fairly during the COVID-19 lockdown and warned that profiting off the vulnerable will not be tolerated. Kedibone Dikokwe, Divisional Executive: Conduct of Business Supervision, Financial Sector Conduct Authority (FSCA) joins CNBC Africa for more.
The Intergovernmental Fintech Working Group conducted research that looked into South Africa’s Fintech sector and found that the payment segment is the largest and most mature of them, following international Fintech trends. Kagiso Mothibi, Head of Fintech Department at the Financial Sector Conduct Authority (FSCA) joins CNBC Africa for more.
By FSCA FSCA update on inspection into the affairs of financial services providers linked to Jacobus Kellermann. The Financial Sector Conduct Authority...
The Financial Sector Conduct Authority (FSCA) conducted a search and seizure operation at the premises of Sekunjalo Investment Holdings. The FSCA says the operation was conducted as part of an investigation into allegations of prohibited trading practices in possible contravention of section 80 of the Financial Markets Act. Brandon Topham, Divisional Executive for Investigations and Enforcement joins CNBC Africa for more.
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.
12Page 1 of 2