FINANCIAL SECTOR & DEPOSIT INSURANCE LEVIES ACT: INPUT SOUGHT ON LEVY CHANGES

FINANCIAL SECTOR & DEPOSIT INSURANCE LEVIES ACT: INPUT SOUGHT ON LEVY CHANGES

• 09 September 2025
• Financial Sector
• SA Legal Academy

National Treasury has called for input by 9 October 2025 on proposed changes to levies payable by entities supervised under the 2022 Financial Sector & Deposit Insurance Levies Act. They focus on amounts to be levied in respect of:

• the Financial Sector Conduct Authority (FSCA)
• the tribunal, and
• statutory ombud schemes.

These are reflected in tables based on schedules to the Act and illustrating the calculations entailed. According to the notice accompanying these tables, the financial sector levy payable in respect of the Ombud Council will be adjusted automatically, informed by amendments to levies payable by supervised entities to the Financial Sector Conduct Authority once finalised.

• draft amendments
• Act

Published by SA Legal Academy Policy Watch

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