All FSPs whose financial year end was on 31 December 2018 must ensure that their annual financial statements (AFS) are submitted to the FSCA by 30 April 2019. FSPs which are required to submit Annexure A (FAIS Notice 82 of 2015) together with their Annual Financial Statements, are reminded to do so.
Where an FSP is not able to submit their AFS by the deadline date, a request for an extension should be submitted to the FSCA at least 15 days prior to the due date together with proof of payment of the application fee of R605.00.
It remains the responsibility of the FSP and Key Individual to ensure that these reports are submitted within the prescribed period. Failure to do so can result in the FSP’s license being suspended and a penalty imposed.