№ files_lp_4_process_3_127483
Parliamentary oversight record containing a written question and ministerial reply describing regulatory actions by the Financial Sector Conduct Authority and National Treasury regarding enforcement of pension contribution payments and disclosure of defaulting employers under Section 13A of the Pension Funds Act.
Year: 2024
Country: South Africa
Institution: National Assembly of South Africa
Document type: Parliamentary question and written reply
Question number: 649 [NW859E]
Date of publication: 06 September 2024
Question author: S Thambo (EFF)
Addressee: Minister of Finance
Responsible authority mentioned: National Treasury; Financial Sector Conduct Authority (FSCA)
Legislation referenced: Pension Funds Act, Act 24 of 1956; Financial Sector Regulation Act, 2017
Subject: Compliance with Section 13A pension fund contribution obligations by private security companies and municipalities
Regulatory instrument mentioned: FSCA Conduct Standard 1 of 2022
Related communications: FSCA Communication 21 of 2023; FSCA Communication 10 of 2024
Reporting reference date for listed employers: 31 July 2023
Entities listed: Private security companies and a municipality with outstanding pension fund contributions
Associated fund: Private Security Sector Provident Fund
Price: 8 / 10 USD
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