{"id":43750,"date":"2024-02-15T06:08:07","date_gmt":"2024-02-15T06:08:07","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/?p=43750"},"modified":"2024-02-15T05:56:26","modified_gmt":"2024-02-15T05:56:26","slug":"verify-financial-service-providers-before-investing-fsra","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra","title":{"rendered":"VERIFY FINANCIAL SERVICE PROVIDERS BEFORE INVESTING- FSRA"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>The Financial Services Regulatory Authority (FSRA) has reiterated the importance of making sure that consumers tread carefully when interacting with financial service providers.<\/b><\/p>\n

This warning was sent by the authority\u2019s Chief Executive Officer (CEO), Ncamiso Ntsalintshali, at a press briefing yesterday. The aim of the briefing was to announce the winners of a financial literacy quiz they conducted from last year until last month.<\/p>\n

Best<\/b><\/p>\n

When making his remarks, the CEO mentioned that in their operations as FSRA, they seek to do the best of their abilities, as supported by legislation, to ensure that consumers are using financial services in a safe and sound way. \u201cPrimary to our mandate is to make sure that the entities that we bring into the regulatory net are run in an outstanding manner and that the services they provide to consumers comply with legislation,\u201d he said. In their work as a regulator, Ntsalintshali also highlighted the importance of protecting stakeholders, mainly the entities they interface with, including policymakers and the Ministry of Finance that they get their mandate from.<\/p>\n

The CEO mentioned, however, that one major stakeholder that seems to be neglected is the consumers. \u201cWe see them extracting value from regulated entities, but the message that gets to them oftentimes seems not to be directly focused on their needs,\u201d he added. According to Ntsalintshali, that was why they saw the need to run a competition, particularly around the festive season, that seeks to test and give FSRA a base on the knowledge that consumers have about safety in the financial services sector.<\/p>\n

Responsibility<\/b><\/p>\n

\u201cRight throughout the year, we have the responsibility to ensure that we review the messages we relay to the public and industry players that it is still relevant,\u201d he added. He also touched on the issue of FSRA and the Centre for Financial Inclusion (CFI) merging under the Central Bank of Eswatini, the CEO mentioned that the ball was already rolling and the matter was being handled by the rightful stakeholders and a formal announcement would be made as soon as updates were available.<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. The Financial Services Regulatory Authority (FSRA) has reiterated the importance of making sure that consumers tread carefully when interacting with financial service providers. This warning was sent by the authority\u2019s Chief Executive Officer (CEO), Ncamiso Ntsalintshali, at a press briefing yesterday. The aim of the briefing was to announce the winners of […]<\/p>\n","protected":false},"author":84,"featured_media":43749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,248,249],"class_list":["post-43750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\nVERIFY FINANCIAL SERVICE PROVIDERS BEFORE INVESTING- FSRA - Eswatini<\/title>\n<meta name=\"description\" content=\"The Financial Services Regulatory Authority (FSRA) has reiterated the importance of making sure that consumers tread ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VERIFY FINANCIAL SERVICE PROVIDERS BEFORE INVESTING- FSRA\" \/>\n<meta property=\"og:description\" content=\"The Financial Services Regulatory Authority (FSRA) has reiterated the importance of making sure that consumers tread ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-15T06:08:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/02\/sm_1707963786.582072.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"VERIFY FINANCIAL SERVICE PROVIDERS BEFORE INVESTING- FSRA\",\"datePublished\":\"2024-02-15T06:08:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra\"},\"wordCount\":364,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/02\/sm_1707963786.582072.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/verify-financial-service-providers-before-investing-fsra\",\"name\":\"VERIFY FINANCIAL SERVICE PROVIDERS BEFORE INVESTING- FSRA - 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