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Financial Sector Conduct Authority (FSCA)

Public Entity · Finance and Administration Services · reports to National Treasury

The Financial Sector Conduct Authority is the market conduct regulator for South African financial institutions. It was established under the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), replacing the Financial Services Board.

It is one half of South Africa’s Twin Peaks regulatory model: the FSCA supervises how financial institutions treat their customers and behave in markets, while the Prudential Authority within the Reserve Bank supervises their financial soundness.

Its remit covers banks, insurers, retirement funds, collective investment schemes, financial advisers and market infrastructure. It licenses financial service providers, enforces treating customers fairly principles, investigates market abuse and insider trading, and promotes financial literacy.

Audit record, 5 years

2020/21
2021/22
2022/23
2023/24
2024/25
Clean Audit stable 5 of 5 audited years clean

Financial highlights, 2024/25

Total Revenue
R1.2bn
Total Expenditure
−R989m
Total Assets
R1.3bn
Total Liabilities
R451m

Values in rand. Sparklines run oldest to newest and are scaled to each series, not to zero.

Leadership, 16 listed

Commissioner
Mr Unathi Kamlana
Deputy Commissioner
Ms Farzana Badat Ms Katherine Gibson
Chief Financial Officer
Mr Paul Kekana
Chief Information Officer
Ms Phokeng Mogase
Senior Management
Mr Sandile Buthelezi Ms Kedibone Dikokwe Mr Eugene Du Toit Mr Jabulane Hlalethoa Ms Felicity Mabaso Ms Nonhlanhla Motloung Ms Chwayita Mtebele Mr Gerhard van Deventer Ms Marrelie Victor
Communications Officers
Ms T Marele Ms Reneilwe Mthelebofu

Description written for this directory from the entity’s own published sources: www.fsca.co.za, www.gov.za