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Home News FSCA publishes its Sustainable Finance Consumer Risk Report and Roadmap 2024

FSCA publishes its Sustainable Finance Consumer Risk Report and Roadmap 2024

27 March 2024NewsMarrakech Pledge

The Financial Sector Conduct Authority (FSCA) has published its Sustainable Finance Consumer Risk Report and Roadmap for 2024, highlighting risks to financial consumers in the sustainable finance sector. The report is divided into two parts: one that identifies potential consumer risks and protection tools, and another that outlines the FSCA’s ongoing and upcoming actions to support credible and consistent information in South Africa’s financial markets. This roadmap follows the FSCA’s March 2023 statement on sustainable finance, which laid the foundation for its five-pillar programme. The FSCA will continue engaging stakeholders to refine its regulatory framework.

Read more : https://www.fsca.co.za/News%20Documents/FSCA%20Press%20Release%20-%20Publication%20of%20the%20FSCA%20Sustainable%20Finance%20Consumer%20Risks%20Study%2027%20March%202024.pdf

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The « Marrakech Pledge » for « Fostering Green Capital Markets in Africa » is a commitment by all African Capital Markets Regulators and Exchanges to act collectively in favor of sustainable development by enabling the establishment of Green Capital Markets in Africa with the aims to promote Africa as a prominent regional green financial marketplace and an attractive destination for green and climate-resilient investments.

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