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.”
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.
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.
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.