Regulatory Alerts2025-08-14
FSCA Conduct Standard 3 of 2025 Requirements for Managers of Collective Investment Schemes
The Financial Sector Conduct Authority published Conduct Standard 3 of 2025 to update and enhance the regulatory framework governing managers of collective investment schemes. This standard establishes updated compliance requirements that align scheme management practices with broader consumer protection outcomes across South African financial laws. Following a public consultation and parliamentary submission under the Financial Sector Regulation Act, the final standard is now officially in force alongside its supporting impact statement and consultation report.
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