Investor / Owner of Assets
In order to ensure efficient and effective mechanisms for compliance and supervision, various online portals are made available to industry and regulated entities.
The portal allows for electronic submissions
- Submission of Statutory Reports and Returns including Capital Adequacy reports, Annual Financial Statements, Mark to market report, Quarterly Portfolio holding reports and compliance certificates/reports and Quarterly Foreign Scheme Statistics
- Submission of advertising, marketing and information disclosure requirements for CIS
- Applications for new CIS, amendments, amalgamations and terminations for CIS
- Update user rights to be able to submit information on behalf of the Manager or Foreign Scheme it represents
FAIS Online Submissions (E-Services)
The following services are accessible to persons that register for e-services:
- New licence application
- Submission of compliance reports & financial statements & handover reports
- Extension requests for financial statements
- Query FSP detail
- Update contact details
- Profile changes
- Request representative register
- Maintain representative register
- Maintain representative import users
- Search ID for date of first appointment (DOFA)
* For more information on e-services registration, contact: 012 428 8000
In order to ensure efficient and effective mechanisms for compliance and supervision, various online portals are made available to industry and regulated entities.
Retirement Funds and Benefit Administrators must submit applications and responses to queries electronically on the web based FSCA Retirement Online System. The users will also be able to monitor the progress of applications on the system.
The FSCA also provides a software package to submit prescribed financial statements and quarterly non-compliance reports electronically to the Registrar.
The following E-services are available:
- FSCA Retirement On-line system
- The system is an extension of the FSCA’s workflow system for Retirement Funds. It allows registered users to submit applications, attach documents to current cases and permits the user to view basic statistics on work in progress. Strict security allows access only to relevant funds pertaining to the administrator for which a user is registered.
- FSCA Schedule System
- Annual Financial Statements submissions
- The user will capture data in the prescribed format and attached a scanned copy of the signed financial statements. The system will validate all schedules before the submission can be exported to FSCA as a password protected zip file. The information on the zipped file will be imported if the password in the zip file matches the password on the FSCA database.
- Quarterly non-compliance reports (Regulation 28)
- The user will capture data in the prescribed format and attached a scanned copy of the quarterly non-compliance report. The system will validate the schedules before the submission can be export to FSCA as a password protected zip file. The information on the zipped file will be imported if the password in the zip file matches the password on the FSCA database.
Retirement Funds: E-Services
Retirement Funds and Benefit Administrators must submit applications and responses to queries electronically on the web based FSCA Retirement Online System. The users will also be able to monitor the progress of applications on the system.
The FSCA also provides a software package to submit prescribed financial statements and quarterly non-compliance reports electronically to the Registrar.
The following E-services are available:
- FSCA Retirement On-line system
- The system is an extension of the FSCA’s workflow system for Retirement Funds. It allows registered users to submit applications, attach documents to current cases and permits the user to view basic statistics on work in progress. Strict security allows access only to relevant funds pertaining to the administrator for which a user is registered.
- FSCA Schedule System
- Annual Financial Statements submissions
- The user will capture data in the prescribed format and attached a scanned copy of the signed financial statements. The system will validate all schedules before the submission can be exported to FSCA as a password protected zip file. The information on the zipped file will be imported if the password in the zip file matches the password on the FSCA database.
- Quarterly non-compliance reports (Regulation 28)
- The user will capture data in the prescribed format and attached a scanned copy of the quarterly non-compliance report. The system will validate the schedules before the submission can be export to FSCA as a password protected zip file. The information on the zipped file will be imported if the password in the zip file matches the password on the FSCA database.
Levies and Fees
Fees and levies will be amended as determined by the Registrar and published in board notices for industry,
| Capital Markets |
|---|
| Fees Payable |
| Collective Investment Schemes and Hedge Funds |
|---|
| Board Notice 71 of 2015 |
| Credit Rating Agencies |
|---|
| Government Gazette no 37735 of 2014 -CR-Fees | |
| Government Gazette no 38768 of 2015-CR-Fees | |
| Government Gazette no 40032 of 2016-CR-Fees |
| Financial Advisory and Intermediary Services |
|---|
| 2018 Fee Schedule | |
| Fees schedule 23-12-2016 | |
| Fees15112010 | |
| Fees17032006 | |
| FSCA General Notice 1 of 2024 | |
| Government Notice R241 | |
| Published in Gov. Gazette 37052, 20 November 2013 |
| Friendly Society |
|---|
| InsolvACT24OF1936 | |
| Srvcfees2007 |
| Insurers and Microinsurers |
|---|
| Government Gazette no 37735 of 2014 - Insurer Fees | |
| Government Gazette no 38768 of 2015 - Insurer Fees | |
| Government Gazette no 40032 of 2016 - Insurer Fees |
| Retirement Funds |
|---|
| Implementation Letter | |
| Services Fees |
| 2004 Levies | |
| 2005 Levies | |
| 2006 Levies | |
| 2007 Levies | |
| 2008 Levies | |
| 2009 Levies | |
| 2010 Levies | |
| 2011 Levies | |
| 2012 Levies | |
| 2013 Levies | |
| 2014 Levies | |
| 2015 Levies | |
| 2016 Levies | |
| 2017 Levies | |
| 2018 Levies | |
| 2019 Levies | |
| 2020 Levies | |
| 2021 Levies | |
| 2022 Levies |
Legislation
Lists of Acts administered by the Financial Sector Conduct Authority.
- Collective Investment Schemes Control Act (Act 45 of 2002)
- Credit Rating Services Act (Act 24 of 2012)
- Financial Advisory and Intermediaries Services Act (FAIS Act)(Act 37 of 2002)
- Financial Institutions (Protection of Funds) Act (Act 28 of 2001)
- Financial Intelligence Centre Act (Act 38 of 2001)
- Financial Markets Act (Act 19 of 2012)
- Financial Sector and Deposit Insurance Levies
- Financial Sector and Deposit Insurance Levies (Administration) and Deposit Insurance Premiums
- Financial Sector Regulation Act (Act 9 of 2017)
- Friendly Societies Act (Act 25 of 1956)
- Insurance Act (Act 18 of 2017)
- Long-term Insurance Act (Act 52 of 1998)
- Pension Funds Act, 24 (Act 24 of 1956)
- Short-term Insurance Act (Act 53 of 1998)
Warning!!
The Financial Sector Conduct Authority does not guarantee that the Acts displayed on this website reflect the most recent version of those Acts after any possible amendments.
The FSCA is not liable for any loss sustained or prejudice caused by a disregard of this warning.
Enforceable Undertakings
Lists of Acts administered by the Financial Sector Conduct Authority.
| Aldes Notice of sanction | |
| Atisa Securities notice of administrative sanction - Feb 2020 | |
| Credicover Notice of Sanction | |
| Econo Group Schemes Notice of sanction | |
| Employee Benefits International NOTICE OF ADMINISTRATIVE SANCTION | |
| Estret Financial Services notice of sanction | |
| First Step Life and Investment Planners Notice of Administrative Sanction | |
| Fisher Dugmore Financial Silver Lakes Notice of administrative sanction | |
| Iemas Insurance Brokers Administartive sanction | |
| Ikageng notice of sanction | |
| Sasfin Notice of Sanction - June 2020 |
| Enforceable Undertaking - Sanlam 08 March 2021 |
| Enforceable Undertaking - Basfour 3773 (Pty) Ltd ta Oinvest and Ms Jane Engelbrecht 29 April 2021 | |
| Enforceable Undertaking - Jakes Den Haan | |
| Enforceable Undertaking - JM Busha 13 July 2020 | |
| Enforceable Undertaking - Mareo-John Nel 04 Feb 2021 | |
| Enforceable Undertaking - Ori Mishkal_Signed_17-05-2023 | |
| Enforceable Undertaking - Praesidium Advisory (Pty) Ltd and Praesidium Wealth (Pty) Ltd 16 September 2020 |
| Amendment of the Enforceable Undertaking in terms of section 151 | |
| RFEU 1 of 2018 - Ian Young and Total South Africa Provident Fund | |
| RFEU 1 of 2020 - Discovery | |
| RFEU 1 of 2021 - Sanlam Retail Funds and Sanlam Life Insurance Limited - Amended | |
| RFEU 2 of 2018 - Lidia Visser, Andries Schaap and Sasol Pension Fund | |
| RFEU 2 of 2019 - Institute of Retirement Funds Africa | |
| RFEU 2 of 2020 - RFS | |
| RFEU 3 of 2019 - Deon Van De Venter | |
| RFEU 3 of 2020 - Acravest | |
| RFEU 3 of 2021 - PPS New Generation Retirement Fund and the Professional Provident Society Insurance Company Limited | |
| RFEU 3 of 2022 - African National Congress Staff Provident Fund | |
| RFEU 4 of 2019 - Eskom Pension and Provident Fund and Eskom Holdings SOC Limited | |
| RFEU 4 of 2020 - SARAF OM | |
| RFEU 4 of 2021 - Standard Umbrella Beneficiary Fund and Standard Trust Limited | |
| RFEU 4 of 2023 - Private Security Sector Provident Fund | |
| RFEU 5 of 2020 - OM various funds | |
| RFEU 6 of 2020 - Tennant | |
| RFEU 7 of 2020 - Gro-Rand Retirement Annuity Fund and Sanlam Developing Markets | |
| RFEU 8 of 2020 - New Life RA and Permanent RA - Sanlam Developing Markets | |
| RFEU 9 of 2020 - Park Advertising Funds and Tomlinson and Associates | |
| RFEU NO 5 of 2019 - Mr Mbukwane and ECI Pension Fund and Mufaro Employee Benefits | |
| RFEU NO. 2 of 2022 - Vrystaat Munisipale Pensioenfonds 17 March 2022 | |
| Withdrawal of Enforceable Undertaking - Allan Gray |