Regulatory Alerts2024-09-25
FSCA Communication 35 of 2024 (RF)
The Financial Sector Conduct Authority issued this communication to update stakeholders on the implementation of rule amendments for retirement funds under the Two-Component System. To date, 853 applications have been received, with 809 registered and 44 pended due to outstanding regulatory queries. Retirement funds are required to submit responses to these queries by the designated deadlines to ensure timely system implementation and prevent undue prejudice to members.
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