FSTC
  • Home
  • About Us
    • Who we are
    • Council members
    • Board of directors
    • Staff members
  • The Code
  • Documents
  • News
  • Reporting
  • Training
  • Tender / Vacancy
  • Contact us
SIGN IN

Documents

  • Guidance Notes
  • Annual Reports
  • Affidavits
  • Gazettes

2017 - 2018 ANNUAL REPORT

The 2017/18 Financial Sector State of Transformation Annual Report is the seventh report published by the Financial Sector Transformation Council (FSTC). It is the first report since the gazetting of the Amended Financial Sector Code in December 2017, and provides findings on overall sector transformation performance between 1 December 2017 and 31 November 2018.

Learn more

2016 FULL ANNUAL REPORT

The 2016 Financial Sector Carter Council Annual report presents an overview of financial sector transformation performance between 2014 and 2016. During 2014 and 2015, the Council prioritised the revision of the 2012 Financial Sector Code to align it with the amended Broad-Based Black Economic Empowerment (B-BBEE) Act and its revised Codes of Good Practice (CoGP) and did not publish performance reports during this period....

Learn more

2016 ANNUAL REPORT SUMMARY

The 2016 FSCC Annual report presents an overview of financial sector transformation performance between 2014 and 2016. During 2014 and 2015, the Council prioritized the revision of the 2012 Financial Sector Code to align it with the amended B-BBEE Act and its revised CoGP and did not publish performance reports during this period....

Learn more

2013 ANNUAL REPORT ON TRANSFORMATION

The Financial Sector Transformation Council (FSTC) aims to use the Financial Sector Code (FS Code), which is closely aligned to the dti Codes of Good Practice (CoGP), to mobilise the financial sector to implement empowerment initiatives that will bridge the gap brought about by the historical...

Learn more

2008 ANNUAL REVIEW ON TRANSFORMATION

The objective of an annual review is to track the performance, compliance, implementation strategies and challenges in the financial sector. The review describes transformation performance of the different industries within the financial sector in terms of FSC performance...

Learn more

2007 ANNUAL REPORT ON TRANSFORMATION

The Charter is unique to the industry in that it addresses both the internal and external transformation requirements of the sector. The scorecard in the Charter is heavily weighted to ensuring banks and other financial services players invest in development and transformation of SA’s...

Learn more

2006 ANNUAL REPORT ON TRANSFORMATION

The 2006 Annual Review is the second transformation report setting out the financial sector’s progress in meeting the commitments of the Financial Sector Charter. It catalogues the sector’s progress relative to its starting point in 2005, and its state of transformation at the end of 2006...

Learn more

2005 ANNUAL REVIEW ON TRANSFORMATION

The review covers the period 1 January 2005 to 31 December 2005 and tracks the performance of the financial sector in transforming itself into a sector of the economy that ‘reflects the demographics of South Africa, and contributes to the establishment of an equitable society...

Learn more

Gazetted Amended fsc DEC 2017

Learn more

Amended COGP 2013

Learn more

YES Gazette

Learn more

YES Gazette FQA

Learn more

CN 000(1) - UPDATED

Learn more

2017-2018 Annual Report

Learn more

CN000(1)

CLARIFICATION NOTE CN000(1) ON CODE SERIES FS000, STATEMENT 000 GENERAL PRINCIPLES AND THE SCORECARD Application of the B-BBEE Recognition Levels Formula

Learn more

CN000(2)

CLARIFICATION NOTE CN000(2) ON CODE SERIES FS000, STATEMENT 000 GENERAL PRINCIPLES AND THE SCORECARD Guidelines: Equity Equivalents Programme for Multinationals in the Financial Sector

Learn more

CN000(3)

CLARIFICATION NOTE CN000(3) ON CODE SERIES FS000, STATEMENT 000 GENERAL PRINCIPLES AND THE SCORECARD Guidelines: Equity Equivalents Programme for Multinationals in the Financial Sector

Learn more

CN400

CLARIFICATION NOTE CN400 ON CODE SERIES FS400, STATEMENT 400 GENERAL PRINCIPLE FOR MEASURING ENTERPRISE AND SUPPLIER DEVELOPMENT Preferential Procurement: Insurance Broker and Intermediary Commission

Learn more

CN500

CLARIFICATION NOTE CN500 ON CODE SERIES F500, STATEMENT 500 GENERAL PRINCIPLE FOR MEASURING SOCIO-ECONOMIC DEVELOPMENT & CONSUMER EDUCATION THIS NOTE SEEKS TO CLARIFY THE APPLICATION OF THE FUNDISA RETAIL FUND

Learn more

GN000

GUIDANCE NOTE GN000 on CODE SERIES FS 000, STATEMENT 000 - GENERAL PRINCIPLES AND THE SCORECARD COMPETENT PERSON’S REPORT

Learn more

GN100

GUIDANCE NOTE GN100 on CODE SERIES FS100, STATEMENT 100 RULES GOVERNING THE PROVISION OF BLACK BUSINESS GROWTH FUNDING: OWNERSHIP

Learn more

GN200

GUIDANCE NOTE GN200 on CODE SERIES FS200, STATEMENT 200 Measurement of the Management Control Element of Broad-Based Black Economic Empowerment Application of the EAP Formula

Learn more

GN300

CLARIFICATION NOTE on CODE SERIES FS300, STATEMENT 300 MEASUREMENT OF THE SKILLS DEVELOPMENT ELEMENT OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT Application of the EAP Formula

Learn more

GN500(A)

GUIDANCE NOTE GN500(A) on CODE SERIES FS500, STATEMENT 500 THE MEASUREMENT OF THE CONSUMER EDUCATION ELEMENT OF BROAD- BASED BLACK ECONOMIC EMPOWERMENT

Learn more

GN500(B)

GUIDANCE NOTE GN500 - MEASUREMENT OF THE CONSUMER EDUCATION ELEMENT OF BROAD- BASED BLACK ECONOMIC EMPOWERMENT TEMPORARY AMENDMENTS IN RESPECT OF THE COVID-19 PANDEMIC AND RESPECTIVE GOVERNMENT REGULATIONS

Learn more

GN600(A)

GUIDANCE NOTE GN600(a) on CODE SERIES FS600, STATEMENT 600 THE MEASUREMENT OF THE EMPOWERMENT FINANCING AND ENTERPRISE DEVELOPMENT ELEMENT FOR MEASURED ENTITIES THAT ARE NOT EXEMPTED FROM CONTRIBUTING TOWARDS EMPOWERMENT FINANCING TRANSFORMATIONAL INFRASTRUCTURE

Learn more

GN600(B)

GUIDANCE NOTE GN600(b) on CODE SERIES FS600, STATEMENT 600 FINANCIAL SECTOR CODE AFFORDABLE HOUSING STANDARDS

Learn more

GN600(C)

GUIDANCE NOTE GN600(c) ON CODE SERIES FS600, STATEMENT 600 THE MEASUREMENT OF EMPOWERMENT FINANCING

Learn more

GN600(E)

GUIDANCE NOTE GN600(e) on CODE SERIES FS600, STATEMENT 600 MEASUREMENT OF EMPOWERMENT FINANCING AND ENTERPRISE SUPPLIER DEVELOPMENT

Learn more

GN600(F)

GUIDANCE NOTE GN600(f) on CODE SERIES FS600, STATEMENT 600 RULES GOVERNING THE PROVISION OF BLACK BUSINESS GROWTH FUNDING: EMPOWERMENT FINANCING

Learn more

GN600

GUIDANCE NOTE GN600 ON CODE SERIES FS600, STATEMENT 600 THE MEASUREMENT OF EMPOWERMENT FINANCING BANKS

Learn more

GN700(AA)

GUIDANCE NOTE GN 700(aa) on CODE SERIES FS700, STATEMENT 701 THE MEASUREMENT OF THE ACCESS TO FINANCIAL SERVICES ELEMENT OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT AS IT RELATES TO BANKS GEOGRAPHIC ACCESS

Learn more

GN700(AB)

GUIDANCE NOTE GN 700(ab) on CODE SERIES FS700, STATEMENT 701 THE MEASUREMENT OF THE ACCESS TO FINANCIAL SERVICES ELEMENT OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT AS IT RELATES TO BANKS ELECTRONIC ACCESS

Learn more

GN700(B)

GUIDANCE NOTE GN700(b) on CODE SERIES FS700, STATEMENT 702 THE MEASUREMENT OF THE ACCESS TO FINANCIAL SERVICES ELEMENT OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT AS IT RELATES TO LONG-TERM ASSURERS

Learn more

GN700(C)

GUIDANCE NOTE GN700(c) on CODESERIES FS 700, STATEMENT 703 THE MEASUREMENT OF THE ACCESS TO FINANCIAL SERVICES ELEMENT OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT AS IT RELATES TO SHORT-TERM INSURERS

Learn more

GN701

GUIDANCE NOTE GN701 ON CODE SERIES FS700, STATEMENT 701 THE MEASUREMENT OF THE ACCESS TO FINANCIAL SERVICES ELEMENT OF BROAD- BASED BLACK ECONOMIC EMPOWERMENT AS IT RELATES TO BANKS

Learn more

INVITATION TO THE LAUNCH OF THE AMALGAMATED 2018/19 AND 2019/20 STATE OF TRANSFORMATION ANNUAL REPORT(SoTAR)

kindly join us as we facilitate robust discussions on how the sector can improve its initiatives in its role as the key catalyst towards accelerated economic growth. We are certain that you will find the engagements fruitful as the launch will enable meaningful deliberations on the current status of transformation within the financial services sector.

Learn more

AMALGAMATED 2018/19 & 2019/20 STATE OF TRANSFORMATION ANNUAL REPORT

AMALGAMATED 2018/19 & 2019/20 STATE OF TRANSFORMATION ANNUAL REPORT

Learn more

NOTICE ON GROUP EXEMPTION APPLICATIONS

SUSPENSION OF THE PROVISIONS RELATING TO GROUP REPORTING EXEMPTIONS AS CONTAINED IN THE AMENDED FINANCIAL SECTOR CODE

Learn more

GN000b-competent-person-report

This guidance note is issued in terms of paragraph 14.1 of Statement 000 of the FSC that states that the Financial Sector Charter Council shall, from time to time issue Interpretive Guides / Guidance Notes / Practice Directives and Standards documents.

Learn more

CONSUMER EDUCATION GUIDANCE NOTICE 01 OF 2022

EXTENSION OF DISPENSATION ON: GUIDANCE NOTE GN500 - MEASUREMENT OF THE CONSUMER EDUCATION ELEMENT OF BROAD - BASED BLACK ECONOMIC EMPOWERMENT: TEMPORARY AMENDMENTS IN RESPECT OF THE DISASTER MANAGEMENT ACT

Learn more

CONSUMER EDUCATION GUIDANCE NOTICE 02 OF 2022

THE WITHDRAWAL OF THE TEMPORARY AMENDMENTS PROVISIONS IN RESPECT OF THE DISASTER MANAGEMENT ACT UNDER THE CONSUMER EDUCATION GN500 (B) GUIDANCE NOTE

Learn more

FS Code - Sworn Affidavit 1: B-BBEE-Exempted Micro Enterprise (General)

EXEMPTED MICRO-ENTERPRISE (EME) is defined as any enterprise with a total annual revenue of up to R10 million.

Learn more

FS Code - Sworn Affidavit 2: B-BBEE Qualifying Small Enterprise (General)

QUALIFYING SMALL FINANCIAL INSTITUTION(QSFI) is defined as any measured entity with a total annual revenue of more than R10 million but less than R50 million.

Learn more

FS Code - Sworn Affidavit 3: B-BBEE Exempted Micro Enterprise (Specialised Entity)

Specialised entities are classified as Companies limited by guarantee; Higher Education Institutions; Non-Profit Companies; Public entities and other Enterprises exclusively owned by organs of State; and Public Benefit Schemes or Public Benefit Organisations.

Learn more

FS Code - Sworn Affidavit 4: B-BBEE Qualifying Small Enterprise (Specialised Entity)

QUALIFYING SMALL FINANCIAL INSTITUTION(QSFI) A QSE that has at least 51% black beneficiaries is only required to obtain a sworn affidavit annually confirming the following: 1. Annual Total Revenue/ Allocated Budget/ Gross Receipts of R50 million or less; and 2. Level of percentage of black beneficiaries.

Learn more

EXEMPTION APPLICATIONS NOTICE 02 0F 2022

GUIDELINES FOR FILING OF EXEMPTION APPLICATIONS ON ACCESS TO FINANCIAL SERVICES AND ACCESS QUALIFYING PRODUCTS

Learn more
Get in Touch with FSTC
NEWSLETTER

Keep in touch by sending us a message below.

Success! You've been added to our email list.
Send us a message
CONTACT US
  • Third Floor, 23 Wellington Road, Parktown 2193

  • +27(0) 11 838 6966

  • info@fstc.org.za

FOLLOW US
FSTC

© Copyright 2020. All Rights Reserved.