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Interaction with the Regulators

Masthead’s relationship with the Regulators

Masthead has a long-standing, collaborative working relationship with the Financial Sector Conduct Authority (FSCA). This relationship was established on years of interaction through discussion and input on regulatory matters and our ability to harness constructive and accurate feedback from the IFA market.

The FSCA has valued your participation and input into regulatory and compliance issues and hope that you will continue to actively engage on issues important to advisors into the future as we move towards market conduct supervision.” 
 – Caroline da Silva (Former Deputy Executive Officer: FAIS at the Financial Sector Conduct Authority)

Who is the Financial Sector Conduct Authority (FSCA) and what do they do?

The FSCA is the market conduct regulator of financial institutions and is responsible for the market conduct regulation and supervision in the financial sector. The FSCA’s objective is to protect financial customers by promoting fair treatment, enhancing the integrity of the financial markets and assist in maintaining financial stability.

The FSCA replaced the Financial Services Board (FSB) on 1 April 2018.


How we interact with the Regulators

  • Feedback to the FSCA

Masthead provides feedback to the FSCA on various industry matters and proposed regulatory changes. With access to a national IFA market, we are able to gather
input directly from these IFAs and provide the FSCA with relevant feedback.

Masthead Members may log in to Connect to read the most recent feedback

  • FSCA Committees

The FSCA is made up of a board that oversees the operations of the FSCA through various committees. Masthead participates in several of these committees.

MASTHEAD IS

A national supplier of risk management services to independent financial advisors and other licensed financial service providers (FSPs). Established in 2004, we help our clients overcome their risk management challenges so they can grow and thrive in an increasingly regulated industry. Providing professional guidance and practical support, our team of specialists is passionately committed to delivering tangible solutions.

Why Masthead?

CONTACT US

Phone:

+27 21 686 3588

E-mail:

 info@masthead.co.za

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Masthead is a level 1 B-BBEE contributor.

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