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The FSCA and B-BBEE Commission enter into a Memorandum of Understanding to Advance Transformation in the Financial Sector

Broad-Based Black Economic Empowerment CommissionRef: https://www.bbbeecommission.co.za/the-fsca-and-b-bbee-commission-enter-into-a-memorandum-of-understanding-to-advance-transformation-in-the-financial-sector/

Official source

Source domain: bbbeecommission.co.za

Collected on 29 September 2026

Always confirm details on the official source before acting.

What this means

This is a news statement announcing that the Financial Sector Conduct Authority and the Broad-Based Black Economic Empowerment Commission entered into a Memorandum of Understanding. It says the agreement is intended to strengthen cooperation and advance transformation in the financial sector and the South African economy.

Facts

Reference

https://www.bbbeecommission.co.za/the-fsca-and-b-bbee-commission-enter-into-a-memorandum-of-understanding-to-advance-transformation-in-the-financial-sector/

Key Takeaways

  • FSCA and B-BBEE Commission Memorandum of Understanding
  • Purpose: cooperation and collaboration to promote financial-sector transformation
  • FSCA final Strategy for Promoting Financial Sector Transformation published in March 2023
  • Unathi Kamlana identified as Commissioner of the FSCA
  • Reference: https://www.bbbeecommission.co.za/the-fsca-and-b-bbee-commission-enter-into-a-memorandum-of-understanding-to-advance-transformation-in-the-financial-sector/
  • Financial Sector Conduct Authority (FSCA)
  • Broad-Based Black Economic Empowerment Commission (B-BBEE Commission)
  • FSCA
  • Unathi Kamlana