FSCA shifts direction on OMNI-CBR with new risk-based ...
11 Jun 2025
Financial Service Intelligence Watch
By Compli-Serve The Financial Sector Conduct Authority (FSCA) has issued Communication 12 of 2025, signalling a major strategic pivot in how it will collect and use conduct-related data from financial institutions going forward. The previously proposed OMNI-Conduct of Business Return ...
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Crypto in Africa – Trust, compliance and the ...
11 Jun 2025
Financial Service Intelligence Watch
As cryptocurrency adoption accelerates across Africa, the tension between innovation and regulation becomes increasingly critical. While crypto presents a powerful opportunity to advance financial inclusion across underserved communities, the risks associated with unregulated growth — including fraud, illicit finance, and ...
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Women Building our Africa (WBoA) Financial Services Primary ...
11 Jun 2025
Financial Service Intelligence Watch
Summary of Financial Services Tribunal determination involving Women Building Our Africa (WBoA) Financial Services Primary Cooperative v Prudential Authority. The following matter was handed down by the Financial Services Tribunal on 6 June 2025: · Women Building Our Africa (WBoA) ...
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Regulator cracks down on unlicensed insurance: FSCA issues ...
11 Jun 2025
Financial Service Intelligence Watch
In a decisive enforcement action demonstrating its increasing intolerance for unlicensed financial activity, the Financial Sector Conduct Authority (FSCA) has issued a formal Directive under section 144(1) and (2) of the Financial Sector Regulation Act (FSR Act) to Ubomi Unlimited ...
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