The Financial Sector Regulation Act

The Financial Sector Regulation Act 9 of 2017 (the “FSR Act”) has been hailed as the one of the most significant regulatory changes to the financial services industry in South Africa in decades. The FSR Act sees the implementation of the “twin peaks model” for...

read more

CISCA & Hedge Fund Regulations

In South Africa the business of a hedge fund was declared a collective investment scheme under the Collective Investment Schemes Control Act, 2002 (“CISCA”) in 2015. The declaration resulted in a rapid scramble by the industry for registration with the Financial...

read more

Is the South African hedge fund industry over-regulated?

Hedge funds were regulated for the first time in South Africa in 2015 under the Collective Investment Schemes Control Act 45 of 2002 (“CISCA”). Prior to this, it was the hedge fund investment managers who were regulated under the Financial Advisory and Intermediary...

read more