Greater fintech regulation on the horizon for SA, says Webber Wentzel
Growth of mobile money has seen regulators starting to introduce controls or taxes on these platforms
29 March 2023 - 19:31
Law firm Webber Wentzel says local financial technology (fintech) businesses should gear up for increasing regulation in SA.
Financial services is already one of the most regulated industries in SA, given the sensitive nature of looking after the wealth of ordinary people. For new entrants, however, regulators still need to catch up to the rapid pace of innovation. But slowly, this has already started happening...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.