The Financial Intelligence Centre (the Centre) was established in the Republic of South Africa under the FIC Act No. 38 of 2001, in February 2002. The Centre started receiving reports on suspicious and unusual transactions on 3 February 2003. The FIC Act also sets up a regulatory anti-money laundering ... More Details »
The Financial Services Board is a unique independent institution established by statute to oversee the South African Non-Banking Financial Services Industry in the public interest. The FSB is committed to the fair treatment of both users and providers of financial products and services in South Africa ... More Details »
The National Credit Regular was established under the National Credit Act 34 of 2005 (the Act) and is responsible for regulation of the South African credit industry. It is tasked with education, research, policy development, registration of industry participants, investigation of complaints and ensuring ... More Details »
Global Macro Funds base their trades on macroeconomic or top-down analysis. Their managers exploit macroeconomic moves such as direction of market prices of currencies, commodities, equities or interest rates through excessive derivative usage and the moderate use of leverage. Normally the securities are global, highly liquid, commoditized products (i. Global Macro funds tend to be the largest hedge funds by capital and can be directional or non-directional ...