FSTC Reporting 2022
All entities operating in the financial sector are reminded to submit their B-BBEE compliance reports for the 2020/21 period to the Financial Sector Transformation Council (FSTC) by cob 12 August 2022. Click here to read our previous article on the 2022 FSTC Reporting requirements.
Category II, IIA & III FSPs required to report Assets under Management
Category II, IIA and III FSPs must calculate their assets under management (AUM) as at 30 June 2022 and prepare this for submission to the FSCA. The deadline for submission is 15 August 2022.
Levies – Ensure contact details are updated on FSCA’s website
FSPs are reminded to check that all their information and contact details on the FSCA’s website is up-to-date and correct. Levies due by FSPs will be calculated based on the information available to the FSCA as at 31 August 2022. Where such information or contact details require updating, FSPs should notify the FSCA or make changes on the FAIS ePortal before 31 August 2022.