FSCA fines 4 Africa Exchange and warns against Ubuntu Society Forex Trading
Check before you do business, the regulator has cautioned the public
17 September 2019 - 11:07
The Financial Sector Conduct Authority (FSCA) has warned the public against doing any financial services business with an entity called Ubuntu Society Forex Trading.
Although Ubuntu Society Forex Trading purports to be an authorised financial services provider, it is not authorised in terms of the Financial Advisory and Intermediary Services Act (Fais) to render any financial advice and intermediary services. It is also not a juristic representative of any registered financial services entity, according to the financial services watchdog...
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