Regulatory Alerts2024-09-03
FSCA Communication 32 of 2024 (RF) on Two-Component System Rule Amendments
The Financial Sector Conduct Authority issued this communication to update stakeholders on the submission and registration status of rule amendments required for the Two-Component System. The regulator has processed 748 of 846 received applications, with approximately 98 remaining pending or newly submitted due to queries and payment delays. Retirement funds lacking registered amendments must immediately notify members of the implementation delay and confirm that system adoption awaits final registration.
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