The FSCA obtains its funding primarily through levies, fees and fines paid by financial services providers. These funds are used to cover the costs of regulatory operations, such as overseeing compliance with regulations, conducting investigations and enforcing penalties. The FSCA also receives funding from the National Treasury.
In addition to these sources of revenue, the FSCA also generates income through investments in financial markets. These funds are held in the FSCA Reserve Fund and can only be used for specified regulatory activities.
Overall, the FSCA is committed to responsible and transparent management of its resources in order to effectively carry out its mandate to protect consumers and promote fair competition in the financial services sector.