Regulatory Alerts2021-08-11
Draft Conduct Standard for Co-operative Financial Institutions 2021
The Financial Sector Conduct Authority (FSCA) published a draft Conduct Standard for Co-operative Financial Institutions to establish conduct requirements that ensure fair member outcomes, protect stakeholders, and support sector resilience under the twin peaks regulatory model. The standard introduces tailored conduct rules aligned with national financial inclusion policies, with provisions for future risk-based adjustments as regulatory understanding matures. Interested parties may submit written comments via the provided template or attend stakeholder workshops before 24 September 2021 to influence the final framework.
Share