1.3 Introducing the FSCA
The FSCA’s mandate is to enhance the efficiency and integrity of financial markets; promote fair customer treatment by financial institutions; provide financial education and promote financial literacy; and assist in maintaining financial stability. The FSR Act extends the jurisdiction of the FSCA to include oversight of financial products and services not overseen by the FSB […]
1.2 Executive Summary
A strong dedicated market conduct supervisor is essential to an effective Twin Peaks system of financial sector regulation. The architecture for the Twin Peaks system is set out in the Financial Sector Regulation (FSR) Act. The FSR Act establishes the Financial Sector Conduct Authority (FSCA), a dedicated market conduct authority with a different jurisdiction, mandate […]
1.1 Introduction NRS
The Financial Sector Conduct Authority (FSCA) issued a regulatory strategy document in 2018. This regulatory strategy is a watershed document for the financial industry in that it charts the FSCA’s regulatory journey over the next three years, starting October 2018 and ending September 2021. The strategy is a culmination of an incredible amount of work […]