Directive to Provide Information to the FIC issued by FSCA
Accountable Institutions are reminded to complete and submit the Directive to Provide Information (DPI) by 31 March 2021. The DPI must be completed and submitted online using the FSCA FAIS e-portal.
Liquidity Calculation Declaration
Category II, IIA and III FSPs required to maintain liquid assets and whose financial year end was 28 February 2021, are required to submit Form A: Liquidity Calculation (Annexure six of BN 194 of 2017) to the FSCA by 14 April 2021 (i.e. 45 days after every half year-end of the FSP, based on the FSP’s financial year).
Annual Financial Statements
FSPs whose financial year end was 31 December 2020 must ensure that their Annual Financial Statements are submitted to the FSCA by 30 April 2021. FSPs that are required to submit Annexure A (FAIS Notice 82 of 2015) together with their Annual Financial Statements, are reminded to do so.
In the event that an FSP is unable to submit their Annual Financial Statements by the deadline date, a request for an extension should be submitted to the FSCA at least 15 days prior to the due date (i.e. 15 April 2021) together with proof of payment of the application fee of R605. Failure to submit the Annual Financial Statements within the prescribed period can result in the FSP’s licence being suspended and a penalty imposed.