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FINANCIAL EDUCATION: DRAFT CONDUCT STANDARD OUT FOR COMMENT
- 03 April 2023
- Financial Sector
- SA Legal Academy
The Financial Sector Conduct Authority has called for input by 15 May 2023 on a draft minimum standard for financial education initiatives. According to an accompanying communication, among other things this would require financial institutions to take ‘reasonable steps’ to:
- ensure ‘appropriate standards of behaviour’
- put in place ‘adequate governance and oversight arrangements when developing … content’, and
- implement suitable monitoring, evaluation and reporting measures.
Please click the links below for more information:
- draft conduct standard
- statement of need
- communication
- comments template
Published by SA Legal Academy Policy Watch
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