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FSCA and B-BBEE Commission enter into a Memorandum of Understanding - DOCUMENTS
Organisations say MoU supports strengthened cooperation and collaboration in interest of promoting transformation in sector
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Financial regulator prepares to crack down on non-transforming companies, but gives no details
The FSCA wants financial firms to provide more detailed data on their ownership. It also wants power to sanction companies that do not adhere to their transformation plans.
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