The FSCA recently published FSCA General Notice 1 of 2020 on the extension of period for compliance with various requirements relating to the submission of statutory returns.
Submission of Annual Financial Statements in respect of the FAIS Act
As communicated in FSCA Communication 9 of 2020, FSPs are reminded that the period for submission of certain financial statements has been extended by 4 months, irrespective of any extensions that may already have been granted to individual FSPs. The FSCA General Notice 1 of 2020 contains various extended submission dates based on the FSP’s financial year end.
FSPs that are required to submit their annual financial statements between 31 March 2020 and 31 October 2020, will now be required to submit same by the extended submission date as per the table below:
FSCA General Notice 1 of 2020 also contains the extended submission dates for the submission of other statutory returns, some of which are in terms of the Collective Investment Schemes Control Act, Pension Funds Act, and Long-term and Short-term Insurance Acts.