The Financial Sector Conduct Authority is the South African financial institutions market conduct regulator and a successor agency to the Financial Services Board (South Africa).
FSCA
What is the purpose of the FSCA?
FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect financial customers by promoting their fair treatment by financial institutions, as well as providing financial customers with financial education. The FSCA will further assist in maintaining financial stability.
How do I check unclaimed money in South Africa?
Unclaimed benefits tracing can be done in various ways, including online and directly contacting an authority like the Financial Sector Conduct Authority (FSCA). This organisation gives you the contact details of your relevant fund so you can be confirmed accordingly and claim back wherever possible.
How do I check my FSB license?
CHECK IF YOUR FINANCIAL ADVISOR IS FSB LICENSED
To confirm that your advisor is licensed with the FSB you need either their business name or their FSP number. This should usually be displayed on their letterheads, business cards and websites. If not, you should ask your advisor for their FSP number.
How long does it take to get FSP Licence?
The turnaround time for an application to be processed at the FSCA can take between 8 to 12 weeks bearing in mind that the Licence Committee holds one meeting a month to approve licences.
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