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​Enforcement Matters

The FSCA may as part of its ongoing responsibility of supervising financial institutions" compliance with financial sector laws, take appropriate remedial and enforcement action where a financial institution has failed to comply with the law.

The actions include, where appropriate, applying to Court to place an institution under curatorship or imposing an administrative penalty. Persons aggrieved by decisions may apply to the Tribunal for a reconsideration of the decision.

Curatorship's Reports

Notice: Corporate Money Managers Curatorship

20111107_FidentiaOrder
20111108_OvationOrder
20111109_OvationCurators10thReport
4th Report to Court
6th Curators Report - Order dated 19 February 2016
Addendum Final Financial Report
Addendum to curator's 14th report
Addendum to the Curators' 19th Report dated 31 May 2019
CapeOfGoodHope
CMM 10th report March 2018
CMM 11th curators report
CMM 7th report
CMM Court order 31 May 2018
CMM court order dated 17 September 2019
CMM court order dated 19 May 2016
CMM Court order May 2021
CMM Curators 12 Report 7 Aug 2020
CMM Curators 13th Report to Court 23 Aug 2021
CMM Curator's 15th Report 4 Sept 2023
CMM Curators 6th Report to Court
CMM curators 8th report 2016
CMM Curators Report 2 Sept 2022
CMM Curators report relecting status of curatorship as at 28 Feb 2017
CMM Curators' Supplementary report - 14 September 2021
CMM_Court_Order_of_22_November_2012
Common Cents Investment Portfolio
Court Order - 15th Report
Court order 13 01 2015
Court order 16 March 2017
Court order 2015-11-12
Court order dated 02 June 2021
Court order dated 04 July 2017
Court order dated 19 August 2015 in terms of which the report was accepted by the court
Court order dated 21 April 2015
Court Order dated 21 February 2017
Court Order dated 21 February 2018
Court Order dated 21 February 2020
Court Order dated 22 August 2014
Court Order dated 25 February 2015
Court Order dated 5 March 2024
Court Order dated January 2019
Court Order granted on 24.02.2022
Court order granted on 30.01.2023
Court Order of 08 April 2014
Court order of 12 March 2015
Court Order of 23 May 2014
Court Order of 26 August 2014
Court order of 27 October 2014
Courtorder21June2011
Courtorder27Jan2011
Curator report 13 Fidentia
Curators' 12th Report
Curators 13th Report to Court
Curator's 3rd Report to Court dated 30 May 2014
Curator's 7th report January 2017
Curator's progress report dated 29 January 2015
Curators progress report dated 31 July 2014
Curators progress report dated January 2018
Curator's supplementary 3rd Report to Court dated 07 July 2014
Curators_12th_Report_to_Court
Curator's_report_28_May_2013
Curator's_Report_30_November_2013
Curator's_report_to_Court_14_Nov_2013
Curators’ 14th report dated 26 June 2015
Curatorsreport 30November2011
Curatorsreport14April2011
Curatorsreport14April2011FirstAddendum
Curatorsreport14April2011SecondAddendum
CuratorsReport26Nov2010
Errata - 17th Curator's Report dated 7 November 2016
Fidentia 19th Report
Fidentia Court order dated 23 November 2017
Fidentia Court order of 08 August 2019
Fidentia Court Order of 15 August 2014
Fidentia Court order of 24 August 2018
fidentia curat
Fidentia curators' 15th report dated 29 Feb 2016
Fidentia curators' 16th report
Fidentia curator's 18th report
Fidentia Curators report 28 September 2017
Fidentia Curators Report of 30 August 2013
Fidentia Notice of Finalisation of Curatorship
Fidentia order
Fidentia order of 16 October 2013
Fidentia Supplementary curators' report of 07 May 2013
Fidentia_Amended curators' 13th Report to Court dated 20 January 2015
Fidentia_Court_Order_of_06_March_2013
Fidentia_Curators_10th_Report_to_Court_dated_29_January_2013
FidentiaOrder-notingofEighthCuratorsReport
FidentiaReport11032010
FidentiaReport122009
Interneuron Court Order of 22 July 2014
Link to CMM's Website of the 5th Curator's report to Court
NationalNews
Notice
Order 21 4 2016 Curator’s 15th Report
Order for cancellation of curatorship dated 17 February 2015
Order of court dated 04 12 2013
Order_of_06_November_2013
Ovation 15th report 31 March 2016
Ovation 16th Report
Ovation 17th report
Ovation 18th Report May 2017
Ovation Court Order 28 July 2017
Ovation Court order 9 February 2017
Ovation_Addendum_to_11th_Report_to_Court[1]
Ovation_Curators'_11th_Report_to_Court[1]
Ovation_Order[1]
Ovation9thReporttoCourt
OvationAddendum9threport
OviationDraft
Registrar's notice of finalisation of curatorship
Report to Court January 2016
ReportofDisposal
Rockland 10th Curators Report - 31 January 2020
Rockland 11th Curators Report - 02 June 2021
Rockland 12th Curators Report - 07 February 2022
Rockland 13th Progress report to High Court January 2023
Rockland 14th Progress report to Court January 2024
Rockland 9th progress report to Court January 2019
Rockland Court order dated 23 03 2023
Rocklands Court order dated 26 April 2022
Virtus Financial Services - Appointment of Curator Letter
Virtus Financial Services Curator's Report Dated 1 June - 3 July 2019
Virtus Financial Services Curator's Report Dated 10 January - 29 January 2020
Virtus Financial Services Curator's Report Dated 17 September - 05 November 2019
Virtus Financial Services Curator's Report Dated 18 February - 26 March 2019
Virtus Financial Services Curator's Report Dated 27 March - 31 May 2019
Virtus Financial Services Curator's Report Dated 30 November - 9 January 2020
Virtus Financial Services Curator's Report Dated 4 July - 6 August 2019
Virtus Financial Services Curator's Report Dated 5 November - 29 November 2019
Virtus Financial Services Curator's Report Dated 7 August - 16 September 2019
Virtus Financial Services Curator's Report Dated 01 April 2021 - 10 May 2021
Virtus Financial Services Curator's Report Dated 01April 2022 - 31 May 2022
Virtus Financial Services Curator's Report Dated 03 February 2021 - 31 March 2021
Virtus Financial Services Curator's Report Dated 08 August 2020 - 11 September 2020
Virtus Financial Services Curator's Report Dated 08 July 2020 - 07 August 2020
Virtus Financial Services Curator's Report Dated 11 June 2020 - 7 July 2020
Virtus Financial Services Curator's Report Dated 11 May 2021 - 21 July 2021
Virtus Financial Services Curator's Report Dated 14 November 2020 - 02 February 2021
Virtus Financial Services Curator's Report Dated 16 May 2020 - 10 June 2020
Virtus Financial Services Curator's Report Dated 22 July 2021 - 22 October 2021
Virtus Financial Services Curator's Report Dated 23 October 2021 - 22 December 2021
Virtus Financial Services Curator's Report Dated 28 February 2022
Virtus Financial Services Curator's Report Dated 29 January - 31 March 2020
Virtus Financial Services Curator's Report Dated 30 June 2022
Virtus Financial Services Curator's Report Dated 31 March 2022
Virtus Financial Services Curator's Report Dated August 2023
Virtus Financial Services Curator's Report Dated January 2023 - February 2023
Virtus Financial Services Curator's Report Dated July 2023
Virtus Financial Services Curator's Report Dated May 2023 - June 2023
Virtus Financial Services Curator's Report Dated September - October 2022
Virtus Financial Services Curator's Report Dated September 2022 - October 2022
Virtus Financial Services Curator's Report Dated September 2023

New Era Life Insurance Company Ltd
Notice Retirement Funds

Addendum 15 Nov 2016
BBF and BBS Report - 02-12-2019
BBF and BBS Report - 05-07-2019
BBF and BBS Report - 10-10-2019
BBF and BBS Report - 17-07-2018
BBF and BBS Report - 28-02-2021
BBF AND BBS REPORT - 29-08-2017
BBF and BBS Report - 30-07-2019
BBF and BBS Report - 30-09-2020
BBF and BBS Report - 30-11-2020
BBF and BBS Report - 31-01- 2020
BBF and BBS Report - 31-01-2021
BBF and BBS Report - 31-05-2020
BBF and BBS Report - 31-07-2020
BBF AND BBS REPORT-20-10-2017
BBS and BBF Report - 07-02-2018
BBS and BBF Report - 15-05-2018
BBS AND BBF REPORT -15-04-2018
BBS AND BBF REPORT TO REGISTRAR 24-01-2018
Bosele Curators Progress Report Eight
Bosele Curators Progress Report Eighteenth
Bosele Curators Progress Report Eleven
Bosele Curators Progress Report Fifteenth
Bosele Curators Progress Report Five
Bosele Curators Progress Report Forthy-First Progress Report
Bosele Curators Progress Report Forthy-Second Progress Report
Bosele Curators Progress Report Four
Bosele Curators Progress Report Nine
Bosele Curators Progress Report Nineteenth
Bosele Curators Progress Report One
Bosele Curators Progress Report Seventeenth
Bosele Curators Progress Report Seventh
Bosele Curators Progress Report Sixteenth
Bosele Curators Progress Report Sixth
Bosele Curators Progress Report Ten
Bosele Curators Progress Report Thirteen
Bosele Curators Progress Report Thirtieth
Bosele Curators Progress Report Thirty-Fifth
Bosele Curators Progress Report Thirty-First
Bosele Curators Progress Report Thirty-Fourth
Bosele Curators Progress Report Thirty-ninth
Bosele Curators Progress Report Thirty-Second
Bosele Curators Progress Report Thirty-Seventh
Bosele Curators Progress Report Thirty-Sixth
Bosele Curators Progress Report Thirty-Third
Bosele Curators Progress Report Three
Bosele Curators Progress Report Twelfth
Bosele Curators Progress Report Twentieth
Bosele Curators Progress Report Twenty- Fifth
Bosele Curators Progress Report Twenty Fourteen
Bosele Curators Progress Report Twenty- Fourth
Bosele Curators Progress Report Twenty -Third
Bosele Curators Progress Report Twenty-Eighth
Bosele Curators Progress Report Twenty-First
Bosele Curators Progress Report Twenty-Ninth
Bosele Curators Progress Report Twenty-Second
Bosele Curators Progress Report Twenty-Seventh
Bosele Curators Progress Report Twenty-Sixth
Bosele Curators Progress Report Two
Bosele Curators report 26 March 2018
Bosele Curatorship Court Order
Bosele Forthy-Third Progress Report
Bosele National Provident Fund 44th Curator's Report
Bosele National Provident Fund 46th Curator's Report
Bosele National Provident Fund 47th Curator's Report
Bosele National Provident Fund 48th Curator's Progress Report
Bosele National Provident Fund 49th Curator's Progress Report
Bosele National Provident Fund 50th Curator's Progress Report
Bosele National Provident Fund 51st Curator's Progress Report
Bosele National Provident Fund 52nd Curator's Progress Report
Bosele National Provident Fund 54th Curator's Progress Report
Bosele National Provident Fund 55th Curator's Progress Report
Bosele National Provident Fund 56th Curator's Progress Report
Bosele National Provident Fund 57th Curator's Progress Report
Bosele National Provident Fund 58th Curator's Progress Report
Bosele National Provident Fund 59th Curator's Progress Report
Bosele National Provident Fund 60th Curator's Progress Report
Bosele National Provident Fund 61st Curator's Progress Report
Bosele National Provident Fund 62nd Curtor's Progress Report
Bosele National Provident Fund 63rd Curator's Progress Report
Bosele National Provident Fund 64th Curator's Progress Report
Bosele National Provident Fund 65th Curator's Progress Report
Bosele National Provident Fund 66th Curator's Progress Report
Bosele National Provident Fund 67th Curator's Progress Report
Bosele National Provident Fund 68th Curator's Progress Report
Bosele National Provident Fund 69th Curator's Progress Report
Bosele National Provident Fund 70th Curator's Progress Report
Bosele National Provident Fund Curator's 38th Progress Report
Bosele National Provident Fund Curator's Fortieth Progress Report
Bosele National Provident Fund Forty-fifth Curator's Report
Cadac Pension Fund
Cadac Report May 2014
Cortech Pension Fund March 2014
Court order 18 Nov 2011
Court order 23 July 2014
Court order 23 May 2013
Datakor Pension Fund
Datakor Pension Fund March 2014
Datakor Retirement Fund March 2014
Eighteenth Progress Report 30 April 2019
Eighth Report 31 May 2018
Eleventh Report 31 August 2018
Fifteenth Report 31 January 2019
Fifth Report 28 February 2018
Filing Notice and report
First Report 22 September 2017
Fortieth Progress Report 30 April 2021
Forty-Eight Progress Report 31 January 2022
Forty-fifth Progress Report 30 September 2021
Forty-First Progress Report 31 May 2021
Forty-fourth Progress Report 31 August 2021
Forty-Ninth Progress Report 28 February 2022
Forty-second Progress Report 30 June 2021
Forty-Seventh Progress Report 30 November 2021
Forty-Sixth Progress Report 31 October 2021
Forty-third Progress Report 31 July 2021
Fourteenth Report 14 December 2018
Fourth Report 31 January 2018
Municipal Councillors Pension Fund Curators 6th Report Oct 2022 Part 2
Municipal Councillors Pension Fund 11th Curator's Report Dated 27 September 2019
Municipal Councillors Pension Fund 12th Curators Report Dated 29 November 2019
Municipal Councillors Pension Fund 13th Curators Dated Report 29 November 2019
Municipal Councillors Pension Fund 14th Curator's Report Dated 31 January 2020
Municipal Councillors Pension Fund 15th Curator's Report Dated 31 March 2020
Municipal Councillors Pension Fund 16th Curator's Report Dated 29 May 2020
Municipal Councillors Pension Fund 17th Curator's Report Dated 31 July 2020
Municipal Councillors Pension Fund 18th Curator's Report Dated 30 September 2020
Municipal Councillors Pension Fund 19th Curator's Report Dated 30 November 2020
Municipal Councillors Pension Fund 20th Curator's Report Dated 29 January 2021
Municipal Councillors Pension Fund 21st Curator's Report
Municipal Councillors Pension Fund 21st Curator's Report Dated 31 March 2021
Municipal Councillors Pension Fund 22nd Curator's Report Dated 31 May 2021
Municipal Councillors Pension Fund 23th Curator's Report - 31 July 2021
Municipal Councillors Pension Fund 24th Curator's Report - 30 September 2021
Municipal Councillors Pension Fund 26th Curator's Report - FSCA - 28 Feb 2022
Municipal Councillors Pension Fund 27th Curator's Report 30 April 2022
Municipal Councillors Pension Fund 34th Curator's Report 30 June 2023
Municipal Councillors Pension Fund 7th Curator's report to Court 31 October 2023
Municipal Councillors Pension Fund Amended Court Order dated 23 May 2022
Municipal Councillors Pension Fund Court Order
Municipal Councillors Pension Fund Court Order - 19 March 2018
Municipal Councillors Pension Fund Court Order - Cancellation of Curators' appointment
Municipal Councillors Pension Fund Court order 22.3.23
Municipal Councillors Pension Fund Court Order dated 20 February 2020
Municipal Councillors Pension Fund Court Order dated 22 July 2021
Municipal Councillors Pension Fund Curators 6th Report Oct 2022 Part 1
Municipal Councillors Pension Fund Curators report 22 Feb 2018
Municipal Councillors Pension Fund Fifth Report
Municipal Councillors Pension Fund Follow up report on Isago at N12 Development (Pty) Ltd
Municipal Councillors Pension Fund Follow up report to the Curator's report dated 31 July 2018
Municipal Councillors Pension Fund Fourth Report
Municipal Councillors Pension Fund Joint Curator's Report Dated 31 October 2019
Municipal Councillors Pension Fund Report dated 31 July 2018
Municipal Councillors Pension Fund Report Dated 31 March 2018
Municipal Councillors Pension Fund's 10th Report Dated 31 July 2019
Municipal Councillors Pension Fund's 7th Report Dated 31 January 2019
Municipal Councillors Pension Fund's 8th Report Dated 29 March 2019
Municipal Councillors Pension Fund's 9th Report Dated 31 May 2019
Municipal Councillors Pension Fund's Report dated 29 November 2018
Nineteenth Progress Report 31 May 2019
Ninth Report 30 June 2018
Report by the Curator of SACCAWU Nationa Provident Fund - 2014-12-31
Report by the Curator of SACCAWU Nationa Provident Fund - 2016-02-17
Report by the Curator of the Sable Industries PF - 2015-04-30
Report to the registrar re MCPF - January 2018
Sabel Court Order 04 December 2018
Sable Court Order
Sable Fund curator's report 27 Feb 2013
Sable Fund curator's report 31 July 2011
Sable Fund curator's report March 2014
Sable Industries Pension Fund
Sable Notice of motion 23 November 2018
SACCAWU
Second Curators Report MCPF- February 2018
Second report 31 October 2017
Seventeenth Progress Report 31 March 2019
Seventh Report 30 April 2018
Sixteenth Report 28 February 2019
Sixth Report 31 March 2018
Tenth Report 31 July 2018
Third report to FSB 30 November 2017
Thirteenth Report 12 November 2018
Thirtieth Progress Report 31 May 2020
Thirty-Eighth Progress Report 28 February 2021
Thirty-Fifth Progress Report 31 October 2020
Thirty-First Progress Report 30 June 2020
Thirty-Fourth Progress Report 30 September 2020
Thirty-Ninth Progress Report 31 March 2021
Thirty-Second Progress Report 31 July 2020
Thirty-Seventh Progress Report 31 January 2021
Thirty-Sixth Progress Report 30 November 2020
Thirty-Third Progress Report 30 August 2020
Twelfth Report 30 September 2018
Twentieth Progress Report 30 June 2019
Twenty-Eight Progress Report 31 March 2020
Twenty-fifth Progress Report 30 November 2019
Twenty-first Progress Report 31 July 2019
Twenty-fourth Progress Report 31 October 2019
Twenty-Nine Progress Report 30 April 2020
Twenty-second Progress Report 31 August 2019
Twenty-seventh Progress Report 29 February 2020
Twenty-sixth Progress Report 31 January 2020
Twenty-Third Progress Report 30 September 2019

NEFG-FSCA Directives - 27 February 2023
NEFG-Statutory Manager Report - 10 April 2023
NEFG-Statutory Manager Report - 11 December 2024
NEFG-Statutory Manager Report - 15 August 2022
NEFG-Statutory Manager Report - 18 May 2023
NEFG-Statutory Manager Report - 24 November 2022
NEFG-Statutory Manager Report - 25 October 2022
NEFG-Statutory Manager Report - 26 October 2023
NEFG-Statutory Manager Report - 29 September 2022
NEFG-Statutory Manager Report - 30 June 2023
NEFG-Statutory Manager Report - 31 August 2022
NEFG-Statutory Manager Report - 31 January 2023
NEFG-Statutory ManagerReport - 28 February 2023

The Financial Sector Regulation Act 9 of 2017 (“the FSR Act”) establishes the independent Financial Services Tribunal (“the Tribunal”) in terms of section 219 thereof. The Tribunal replaced the FSB Appeal Board and came into effect on 1 April 2018. Upon application by aggrieved persons, the Tribunal reconsiders decisions of decision-makers as defined in terms of section 218 of the FSR Act and performs the other functions as conferred on it by the Act and specific financial sector laws.