Relief for Bosasa employees after liquidation process delayed pension payout

2020-01-14 07:50

Staff members of the controversial Bosasa Youth Development Centres have waited months to be paid their provident funds which, to their relief, Sanlam are in the process of releasing.

Old Mutual saga: FSCA urges customers to avoid cancelling policies

2019-11-21 19:52

The Financial Sector Conduct Authority (FSCA) has urged clients of financial institutions - who were outraged by the Old Mutual saga - not to cancel their funeral policies as there are risks involved.

Public Protector officials axed 'because of FSCA investigation' and 'to settle scores'

2019-10-26 07:00

The Public Protector's suspension of four high-ranking officials and its axing of CEO Basani Baloyi was seemingly over a Financial Services Conduct Authority report that is being taken on judicial review.

Survé threatens to sue PIC over remarks in Parly as relationship sours further

2019-10-17 13:35

The already-strained relationship between the state asset manager and the Cape Town businessman has worsened.

Survé: I have evidence Gordhan was involved in raid – but I'll bring it out later

2019-10-12 14:08

Dr Iqbal Survé is blaming Pravin Gordhan for the raid on his office.

Iqbal Survé says he will sue financial regulator after offices raided

2019-10-11 13:07

In a statement on Friday, Sekunjalo said the application for the raid was "entirely without merit and the judge that granted the request was "misled by the FSCA".

Financial regulator raids office of Iqbal Survé

2019-10-09 15:25

FSCA is investigating transactions in AYO Technology – which is linked to Survé – for market manipulation.

Under attack in parliament, Steinhoff execs say they are trying to save the company

2019-09-04 17:43

Memebers of Parliament gave Steinhoff executives a grilling, especially when they found out that the Hawks still did not receive the final PwC report into the circumstances of the Steinhoff scandal, despite a commitment from Steinhoff that they would provide it.

Clients may have lost R100m or more, says FSCA on Stringfellow arrest

2019-07-13 10:50

Thomas Stringfellow turned himself in to Johannesburg police following investigations into his conduct when handling funds from Stringfellow Group's clients.

Hefty fine for credit rating agency over conflict of interest breach

2019-04-30 21:05

The Financial Sector Conduct Authority has imposed a penalty of R487 000 on Global Credit Rating over a breach of its conflict of interest rules.


Watchdog provisionally withdraws investment firm's license after low payout claims

2019-12-18 14:20

The Financial Sector Conduct Authority has provisionally withdrawn the licence of a Pietermaritzburg-based investment company, Exclusive Life Financial Services.

Regulator fines insurer for using unregistered 'runners' to collect premiums

2019-11-06 18:09

Channel Life was found to have not properly registered intermediaries to collect insurance premiums on its behalf.

Scam alert: Coin-it associates may be lawbreakers, warns financial regulator

2019-10-24 17:52

Financial regulator the Financial Sector Conduct Authority has warned the public not to enter into any agreements with unauthorised entities associated with Coin-it Trading.

Scam alert: Financial sector watchdog warns against WhatsApp forex con

2019-10-16 13:22

The Financial Sector Conduct Authority has warned the public to stay away from a firm called Worldwide Investments, which it says is using a WhatsApp group to take money from the public on the pretext that it will trade in forex on their behalf.

Judge rubbishes Survé's claim that he is Gordhan's pal

2019-10-11 17:00

A Western Cape High Court judge has taken the unusual step of making a public statement to deny a claim made by businessman Iqbal Survé that he is a friend of the DA and Minister of Public Enterprises Pravin Gordhan.

Survé blames 'dark forces' for office raid

2019-10-09 21:36

Iqbal Survé has alleged a conflict of interest on the part of financial regulator the FSCA.

SA authority fines Steinhoff a record R1.5bn - but it only needs to pay R53m

2019-09-12 12:18

Given Steinhoff’s current financial position, it will waive the bulk of the fine to only levy a penalty of R53m.

Hawks say Steinhoff still hasn't provided results of forensic probe

2019-09-04 14:59

Members of Parliament slammed Steinhoff leadership for 'buying time' and 'malicious compliance' regarding investigations into governance failures that caused the global retailer's share price to plunge.

Public Protector spokesperson says labelling Mkhwebane incompetent borders on contempt

2019-06-09 16:11

Oupa Segalwa was responding to a statement by the Financial Sector Conduct Authority, which argued a public protector report was reviewable due to either perceived bias or 'gross incompetence and negligence'.

Steinhoff raises possibility of negotiated settlements over share price plunge

2019-04-16 09:41

Steinhoff has raised the possibility of negotiated settlements as it faces a number of class-action style lawsuits and litigation claims over the precipitous plunge in its share price.

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