The Financial Sector Conduct Authority (FSCA) was established under the Financial Sector Regulation Act to replace the Financial Services Board (FSB) and is responsible for enhancing financial market efficiency and integrity, promoting fair treatment of customers, providing financial education, and contributing to financial stability. With a focus on proactive and risk-based regulation, the FSCA aims to build an inclusive and transformed financial sector, ensure fair customer treatment, strengthen market efficiency, and adapt to new business models and disruptive technologies. Operating under the oversight of the National Treasury, the FSCA is committed to achieving its strategic priorities and promoting a well-regulated and customer-oriented financial environment.