Submission to Parliament of draft FSCA CIS Notice of 2026 – Determination relating to Foreign Collective Investment Schemes

FSCA COMMUNICATION 1 OF 2026 (CIS)
Submission to Parliament of draft FSCA CIS Notice [-] of 2026 – Determination relating to Foreign Collective Investment Schemes soliciting investments in the Republic

1. Purpose
   1.1 The purpose of this Communication is to inform stakeholders that on 30 January
   2026, the following draft Determination and supporting documents were submitted to Parliament in terms of section 103(1) of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017) (FSR Act):
   1.1.1. FSCA CIS Notice [-] of 2026 – Determination relating to Foreign Collective
   Investment Schemes soliciting investments in the Republic (draft Determination);
   1.1.2. Statement of Need and Impact of the draft Determination; and
   1.1.3. Consultation Report on the draft Determination.
2. Background
   2.1. The draft Determination is intended to be made in terms of section 65(1) of the
   Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002) (CISCA), which relates to applications by foreign collective investment schemes to solicit investments in such scheme from the members of the public, 1 and the associated conditions of approval. Accordingly, the draft Determination sets out the following:
   2.1.1. The prescribed format of an application for approval in terms of section 65(1)
   of the Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002) (CISCA); and
   2.1.2. Conditions that a foreign scheme must comply with for purposes of being
   approved under section 65(1) of CISCA.
3. Availability of information and enquiries
   3.1. The documents referred to in paragraph 1 are available on the FSCA’s website at
   www.fsca.co.za.
   1
   In South Africa.

2
3.2. For more information regarding the draft Determination and/or this Communication,
please contact the Regulatory Frameworks Department of the FSCA by emailing andile.mjadu@fsca.co.za or marius.dejongh@fsca.co.za. _______________________________________ EUGENE DU TOIT DIVISIONAL EXECUTIVE: REGULATORY POLICY FINANCIAL SECTOR CONDUCT AUTHORITY Date of publication: 6 FEBRUARY 2026