The Financial Sector Regulation Act

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...
CISCA & Hedge Fund Regulations

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...