Viceroy | FSCA wants the power to serve foreign operators digitally – Moonstone Information Refinery

Viceroy | FSCA wants the power to serve foreign operators digitally – Moonstone Information Refinery

The Financial Sector Conduct Authority has invited interested parties to participate as amici curiae in a High Court application that will determine whether the Authority can impose administrative penalties on foreign entities or individuals without physically serving them legal documents while they are in South Africa. The outcome of the case could reshape the ability of the FSCA to enforce penalties against foreign entities. The application is…