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REGULATION | South African Financial Regulator, FSCA, Opens Investigations into Online Trading Platform, Banxso
The Financial Sector Conduct Authority (FSCA) has opened a probe into ‘possible contraventions of financial sector laws by Banxso,’ an online trading platform.
In a press release published by local outlets, FSCA noted that Banxso (Pty) Ltd (Banxso) is authorised by the FSCA as a Category I financial services provider (with FSP number 37699).