Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe, North America, Latin America, Asia-Pacific, Middle East and Africa: 2,033 cases from 44 jurisdictions, each with an official source and checked against that source before publication. Filter by country, area of law and sector. Click a chart to drill down one level.

South Africa Capital markets and financial supervision Financial services and insurance Clear all filters

2cases from 1 jurisdiction

–Total of monetary amounts (0 cases with an amount)

–Largest single case

–Median per case with an amount

Click a bar to drill down one level.

by amount by number of cases

Where?

by authority

Financial Sector Conduct Authority (FSCA) – 0 % · 2 cases

What for?

by topic

Organisational requirements – 0 % · 1 case
no topic – 0 % · 1 case

Who?

by company

When?

per quarter, by date of decision

Trend
Period	Cases	Total
Q4 2023	0	–
Q1 2024	0	–
Q2 2024	0	–
Q3 2024	0	–
Q4 2024	0	–
Q1 2025	0	–
Q2 2025	0	–
Q3 2025	0	–
Q4 2025	1	–
Q1 2026	0	–
Q2 2026	0	–
Q3 2026	1	–
Q4 2026	0	–

2 cases

Newest first Highest amounts

17 Jul 2026 80 Eight South Africa (Pty) Ltd (vormals Ela Asset Management (Pty) Ltd)80 Eight South Africa: failing to protect clients against fraud South AfricaOrganisational requirements Fine

The financial services provider had not made sure that its clients were protected against losses from theft, fraud or other dishonest acts by its employees; one individual's misconduct caused clients substantial losses. The company was directed to introduce, within two months, a policy protecting against such risks. The amount and the facts have not been confirmed against the primary source.

What organisations can take from it

Financial services providers need effective controls against fraud by their own employees – even contraventions they discover and report themselves can lead to a penalty and directives.

Relevance to training and awareness

Insider fraud and internal controls

Authority / court: Financial Sector Conduct Authority (FSCA)
Area of law: Capital markets and financial supervision · Organisational requirements
Legal basis: Sections 2 und 11 General Code of Conduct for Authorised Financial Services Providers and Representatives (2003); Section 13(3)(a) Financial Advisory and Intermediary Services Act 37 of 2002; Section 42(1) Determination of Fit and Proper Requirements for Financial Services Providers (2017)
Action: Fine
Status of proceedings: unknown
Sector: Financial services and insurance
Mitigating circumstances: According to the authority's update of 22 July 2026, the company had itself discovered and reported the contraventions, which occurred in 2021.
Liability of senior managers: Measures against individuals are not set out here.
Published: 17 Jul 2026

Sources

FSCA Press Release, 17 July 2026 Press release of an authority
FSCA Press Release, 22 July 2026: Update regarding 80 Eight South Africa (Pty) Ltd Press release of an authority
FSCA Enforcement Actions, entry of 17 July 2026 Enforcement database of an authority

Checked against the official source on 4 Oct 2026 · Direct link

Report an error

9 Dec 2025 Banxso (Pty) LtdBanxso: penalties for misuse of client funds South AfricaCapital markets and financial supervision Fine

The investigation found that the financial services provider had, among other things, misused client funds, supplied false or misleading information to clients and the regulator, promised unrealistic returns and not acted in the interests of clients. The amount and the facts have not been confirmed against the primary source.

Relevance to training and awareness

Segregation and protection of client funds; no promises of returns

Authority / court: Financial Sector Conduct Authority (FSCA)
Area of law: Capital markets and financial supervision
Legal basis: Financial Sector Regulation Act 9 of 2017; Financial Advisory and Intermediary Services Act 37 of 2002; General Code of Conduct for Authorised Financial Services Providers and Representatives (2003); Financial Institutions (Protection of Funds) Act 28 of 2001; Determination of Fit and Proper Requirements for FSPs (2017); Financial Markets Act Regulations (2018)
Action: Fine
Status of proceedings: unknown
Sector: Financial services and insurance
Liability of senior managers: Measures against individuals are not set out here.
Published: 9 Dec 2025

Sources

FSCA Press Release, 09 December 2025 Press release of an authority

Checked against the official source on 4 Oct 2026 · Direct link

Report an error

How the radar is compiled

Official sources only

Every case is based on a decision, press release or database of an authority or a court. Press and law-firm reports count at most as additional references.

Four-eyes check

Whoever enters a case may not approve it. A second, independent check compares company, date, amount and area of law with the source. Only then is the case published.

Comparable amounts

Amounts are converted at the ECB reference rate on the day of the decision. Each case also shows the original amount.

Corrections on record

A correction is a new version that is checked again. Every change is logged. You can report errors directly on each case.

Case texts are translated from the German original. Where a translation is not yet available, the German text is shown and marked “(German original)”. Names of authorities, laws and companies are given as in the source (company names until they are anonymised).

Company names are anonymised two years after the decision in a case, in line with the practice of many supervisory authorities. The official sources remain linked.

The radar reports on published decisions and is not legal advice. Decisions that are not yet final are marked as such where the status is known.

Embed the radar on your website

Ready for training that actually lands?