The regulatory landscape in the financial sector (financial services industry) is changing at a rapid pace…. well, this change is necessary in an environment where the markets are vulnerable to abuse.
The Financial Sector Conduct Authority (FSCA) released the first draft of the Conduct of Financial Institutions Bill (COFI) for comment. There were substantial comments submitted by the financial services industry for consideration. COFI aims to streamline the landscape and put measures to reduce conduct-related risks.
This change in the legislation aims to change the mindset of both the industry but making the customer central to business strategy and growth.
Contact us to partner with you to journey through these changes.
Fathima Ahmod
Director: Ahmod Consulting (Pty) Ltd
Ahmod Consulting 