The Financial Sector Conduct Authority (FSCA) has released its third Regulatory Actions Report, covering the period from 1 April 2024 to 31 March 2025. The report highlights more than 1 350 enforcement interventions, including 51 administrative penalties totalling over R119 million, 107 public warnings, 14 enforceable undertakings, and the withdrawal ...
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The FSCA has debarred Mr Itumeleng Stephen Sekokope from providing or being involved in any financial services for a period of five years, effective 26 June 2025. The order prohibits him from acting as a key person in any financial institution, as well as from rendering services to or on ...
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The UK Financial Conduct Authority (FCA) has imposed a £21,091,300 penalty on Monzo Bank Ltd, citing serious anti-money laundering (AML) failings between October 2018 and August 2020. This marks the tenth such fine issued by the FCA in the past four years, underscoring the regulator’s ongoing focus on ...
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By Lee Rossini
Corporate Social Responsibility (CSR) refers to a company's commitment to manage its operations in an ethical, sustainable and socially conscious way. It involves going beyond the pursuit of profits to consider the impact of business decisions on people, the environment and society at large. CSR can cover a broad range of activities, from reducing carbon emissions, reducing unnecessary waste and ethical labour practices to community engagement and transparent governance. While CSR is often associated with large multinational corporations, its principles are just as relevant – and increasingly expected – in small businesses, including financial advice businesses.
Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May 2025 deadline. View the CPD FAQs for more on accessing the CPD quizzes.
