Regulatory organization FSB
FSB (Financial Services Board) is the financial services Board in South Africa, which is an independent Supervisory and regulatory body in the financial services industry of South Africa. FSB was founded in 1990, and since 2001 thanks released Act financial Advisory and intermediary services (FAIS) the powers of the FSB was expanded, including the oversight of banking services and the Johannesburg stock exchange is the largest stock exchange on the African continent. The main office of FSB is located in Pretoria – business center and the capital of South Africa.
In recent time, Africa is becoming a popular financial centre, attracting investment, so many companies eyeing the potential of this region, which is among the ten largest capital markets in the world and has an audience of many thousands of traders. License local FSB controller allows you to access markets across Africa, including in Botswana, Zambia and Zimbabwe. FSB loyal to foreign brokers and is open for cooperation, but strictly repress the attempts of fraud until the imposition of heavy fines and withdrawal of licenses, which is equivalent to the forced cessation of activities of brokerage companies on the African continent.