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FINANCIAL SECTOR TRANSFORMATION STRATEGY PUBLISHED
- 01 April 2023
- Financial Sector
- SA Legal Academy
Recognising the requirements of the Broad-Based Black Economic Empowerment Act, 2003, and the Financial Sector Conduct Authority’s (FSCA’s) role in that regard, the FSCA has published a final strategy for promoting financial sector transformation.
According to an accompanying media statement, not only is the strategy is in line with the FSCA’s broader regulatory strategy for 2021-2025. It is apparently underpinned by key proposals for strengthening the transformative powers of the authority, which are included in a Conduct of Financial Institutions Bill expected to be tabled in Parliament this year.
- financial sector transformation strategy
- summary of input received during consultations on the draft strategy
- media statement
- 2021-2025 regulatory strategy
Published by SA Legal Academy Policy Watch
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