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South Africa
1991 (35 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know Financial Services Board
Company Information
Get to know Financial Services Board
The Financial Services Board (FSB) was a South African regulatory body established in 1990 to oversee the country's non-banking financial services industry. Its mission was to promote and maintain a sound financial investment environment by ensuring the financial services industry was fair, efficient, and transparent. On April 1, 2018, as part of the "Twin Peaks" regulatory reform in South Africa, the FSB was dissolved and its functions were split between two new authorities: the Financial Sector Conduct Authority (FSCA), which handles market conduct regulation, and the Prudential Authority (PA), which oversees the safety and soundness of financial institutions.
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