The South Africa Financial Sector Conduct Authority published its 2025/26 Integrated Report, recording achievement of 85% of its planned performance targets for the financial year ended March 31, 2026. The report highlights stronger risk and outcomes based supervision, enforcement and consumer protection, alongside continued development of the regulatory framework for financial institution conduct and market integrity. The authority granted 499 licenses and finalized 678 investigations, up from 633 in the previous year. It imposed ZAR 2.8 billion in administrative penalties and fines, withdrew 14 licenses, suspended 31 and debarred 68 individuals from providing financial services. The authority also issued 140 scam alerts and resolved 79% of the 7,842 complaints and queries received. Revenue totaled ZAR 1.235 billion, with a net surplus of ZAR 119 million. The authority retained its clean audit status, receiving an unqualified opinion from the Auditor-General of South Africa on its annual financial statements.
South Africa’s Financial Sector Conduct Authority reports 85% target achievement and ZAR 2.8 billion in penalties for 2025/26
The South Africa Financial Sector Conduct Authority achieved 85% of its 2025/26 performance targets and imposed ZAR 2.8 billion in penalties and fines. It finalized 678 investigations, granted 499 licenses and resolved 79% of 7,842 complaints and queries. The authority also retained its clean audit status and reported a ZAR 119 million net surplus.