News

Draft Ombud Council Rules for the PFA, 2026: Parliamentary Submission

The Ombud Council has the power to make Ombud Council Rules (binding subordinate legislation) for or in respect of ombuds and ombud schemes, in accordance with section 201(1) of the Financial Sector Regulation Act, 2017 (FSR Act). We published draft Ombud Council Rules for the Pension Funds Adjudicator (PFA) for public comment in September 2025.  The Ombud Council has submitted a draft of the Rules to Parliament for a period of 30 days while Parliament is in session, as required by section 103(1) read with section 98 of the Financial Sector Regulation Act, 2017.

Ombud Council Head of Finance, Devrani Moonsamy has been nominated for the 2026 CFO Awards

Ombud Council Head of Finance, Devrani Moonsamy has been nominated for the 2026 CFO Awards

Congratulations to our very own Head of Finance, Devrani Moonsamy, on her nomination for the 2026 CFO Awards South Africa. This recognition is a testament of her exceptional leadership and strategic vision, as well as her impact in the public sector. Devrani has built a career based on...

Know your ombud: real stories, real solutions

“Know Your Ombud” is one of the Council’s recent initiatives of 2025, in partnership with consumer journalist Maya Fisher-French, that helps financial customers understand their rights and what to do if they are treated unfairly. In the introductory episode of a...

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REVOCATION OF RECOGNITION OF INDUSTRY OMBUD SCHEMES

The Ombud Council has today published notices revoking the recognition of four ombud schemes as industry ombud schemes under the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017) ("FSR Act") with effect from midnight on 29 February 2024, at the request of the...

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