SABRIC

SABRIC and the SIU are strengthening cooperation to combat banking and financial crime, with a strong focus on cyber resilience. Through this MoU, both organisations will work together on joint initiatives, coordinated interventions, and intelligence sharing to better detect, disrupt, and prevent increasingly sophisticated financial and cybercrime threats.

FSCA Annual Industry Conference 18 - 19 March 2026, themed "Reimagining Financial Conduct Regulation in a Changing World".

The conference's key goals include establishing robust regulatory frameworks for AI to ensure its responsible and accountable use in finance, adopting a 'fast follower' approach to cryptocurrency regulations by learning from international standards, and advancing the CoFI Bill to modernise South Africa's financial oversight.

Log on the YouTube link below SABRIC CEO Andre Wentzel is sharing insights on the topic *Decoding Digital Fraud, Online Harm and Finfluencers*.

https://www.youtube.com/live/iEE1fIfPcl0?si=l37aPRmtFICgheAc

Scammers are targeting vulnerable individuals, especially women, through dating apps, social media, public spaces, and fake prophets. These scammers exploit cultural and spiritual beliefs to steal large sums of money, leaving victims financially ruined, jobless, and emotionally devastated.