Financial Services Authority Act, 2013 (Act 19 of 2013)

Act 2013

Plain-English summary

Establishes the Financial Services Authority (s. 3) and makes it responsible for supervising and regulating licensees under the financial services legislation (s. 4(1)(a)). Section 28(1) allows a public statement where the Authority may take enforcement action, and s. 27(2)(e) allows administrative penalties provided for in the Act. Schedule 1 lists the regulatory and registry Acts it administers; s. 47(1) amends the Securities Act to replace 'Securities Authority' with the Financial Services Authority. The FSA publishes it consolidated to 1 September 2024.

Who it applies to

Insurance · Capital Markets · Asset & Wealth Management · Gaming & Gambling

Topics

Conduct & Consumer Protection Market Integrity & Securities

Official source

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