4.4 Holding the FSCA to Account

The regulatory and supervisory powers of a strong and effective market conduct authority must be counterbalanced by robust measures to ensure that these powers are used responsibly, fairly and consistently. The authority must also be held to account for efficient and...

4.3 The FSCA’s Funding Model

The Financial Sector Levies Bill (Levies Bill) was published for public comment in the first half of 2018. Subject to Parliamentary processes, it is intended to come into operation on 1 April 2019. For the period 1 April 2018 to 31 March 2019, levies are based on the...

4.2 The FSCA’s Toolkit

The tools FSCA have at the FSCA’s disposal to perform or functions are a combination of statutory powers conferred on the FSCA by the FSR Act, and supervisory methods and approaches FSCA have developed based on the FSCA’s experience and international best practice....

4.1 Introduction NRS

The policy context and new legislative framework within which the FSCA operates presents it with an excellent opportunity to examine its overall approach to regulatory and supervisory work. This section sets out the approach that the FSCA intends to adopt in...