<ul data-eligibleForWebStory="false"><li>FSCA steps up efforts in regulating financial sector, imposes penalties up to R120 million.</li><li>Debarred 131 individuals, withdrew 382 licenses, and issued 107 public warnings to wrongdoers.</li><li>Stricter measures enforced against scams masquerading as financial entities, emphasizing consumer caution.</li><li>International cooperation and focus on online scams to combat illegal financial activities effectively.</li></ul>

FSCA makes progress in cleaning up the financial services sector

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