Fsca
latest news & developments
Why simplicity is becoming the new currency in trading
Markets have always been complex. What’s changed is how quickly that complexity reaches everyday traders – and how convincingly it can be disguised. In the past year alone, South…
Financial watchdog revokes Banxso’s licence
AfriMarkets distances itself from the company as its own licence is provisionally withdrawn
A step-by-step guide to forex trading for South African investors
To make money in this field requires research, careful planning and plenty of practise
Ithala’s chief executive wants policy intervention for the ‘financially sound’ institution
KwaZulu-Natal economic development MEC Musa Zondi said the ‘crisis’ at the finance institution, which had its licence suspended last week, was being addressed with urgency
Where are our financial watchdogs?
Victims of scams and pyramid schemes have little chance of recouping their financial losses
FSCA imposes fines of almost R1 billion on dodgy operators
The financial sector regulator is clamping down on service providers that are not compliant with anti-money laundering and counter-terrorism financing regulations
Financial crimes watchdog nets R100 million in penalties
Seventy cases of alleged financial crimes have been referred to the police for further investigation
Financial consumers back hedge funds for better risk-adjusted returns, downside protection
The SA hedge funds industry is gaining popularity among a broader range of consumers due to increased regulatory oversight
Steinhoff’s Markus Jooste dead, allegedly by suicide
The disgraced former chief executive allegedly shot himself on a Hermanus beach in the Western Cape just a day after he was slapped with a R475 million fine
No record of ‘Casanova’ fraudster Johan Fouche as a legal practitioner, at least after 2009
Fouche’s current business, Asiphakame, is also not registered as a financial services provider with the Financial Services Conduct Authority
Bitcoin’s crypto-nite wanes as illicit activity falls
New research shows that there were fewer cryptocurrency-related crimes in 2020 — a bumper year for the digital asset. But the biggest scam originated in South Africa
Bitcoin rules take edge off crypto-nite
New regulations for cryptocurrency exchanges could boost investor confidence in such assets
The pastor, the politician and the pension funds
The financial regulator has been criticised for handing back an asset manager’s licence so that workers’ money can be recovered
She lost the battle, but won the war
Rosemary Hunter says it was inconceivable for her not to blow the whistle when people’s hard-earned pensions were at stake
Editorial: What’s up with the doc?
Iqbal Survé has been able to construct a business empire in the name of transformation