FSCA investigates The Grand Trading and associated individuals; further research by Compli-Serve
The Financial Sector Conduct Authority (FSCA) has announced that it is conducting an investigation into The Grand Trading (Pty) Ltd (FSP No. 53871), together with its sole key individual, Mr Simon Durdey, director Ms Christel Larissa Pretorius, and shareholder Mr Boris Atanasov Kodzhov, following a number of client complaints. According ...
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FSCA warns public of scammers impersonating GTC on social media
The FSCA has issued a public warning to the public about scammers impersonating GTC (Pty) Ltd on social media to solicit investments. Be cautious of offers with exaggerated returns, upfront payments, urgency, or vague details. Verify FSP numbers and report suspicious activity to the FSCA or the Ethics and Fraud ...
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Financial Services Tribunal publishes hearing schedule to October 2026
The Financial Services Tribunal has published its hearing schedule covering 27 July to 26 October 2026, with 24 matters involving the FSCA, Pension Funds Adjudicator, JSE and several banks, insurers and other financial institutions. Notable matters include Trustco Group Holdings and Mantengu Limited against the JSE; reconsideration applications involving Discovery ...
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