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Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)

Chapter 4 : Financial Sector Conduct Authority

Part 1 : Establishment, objective and functions

57. Objective

 

The objective of the Financial Sector Conduct Authority is to—

(a) enhance and support the efficiency and integrity of financial markets; and
(b) protect financial customers by—
(i) promoting fair treatment of financial customers by financial institutions; and
(ii) providing financial customers and potential financial customers with financial education programs, and otherwise promoting financial literacy and the ability of financial customers and potential financial customers to make sound financial decisions; and
(c) assist in maintaining financial stability.