FSCA South Africa
Nontobeko Msomi-Shalang is an experienced Management Accountant at the Financial Sector Conduct Authority since April 2016, specializing in detailed analysis of monthly variances and reporting inconsistencies. Prior to this role, Nontobeko served as a Senior Fee Income Controller and Fee Income Clerk at the Financial Services Board from 2001 to 2016, where responsibilities included managing fee income for various funds and preparing financial reconciliations. Nontobeko's career began in roles such as Creditors Clerk at Omnimed and Bookkeeper at Wearmac CC. Nontobeko holds numerous qualifications, including an ACMA-CGMA from CIMA, a Certificate in Business Leadership & Management from Stellenbosch Business School, and multiple diplomas and certificates in accounting and business management from various institutions.
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FSCA South Africa
The FSCA's mandate is to enhance the efficiency and integrity of financial markets; promote fair customer treatment by financial institutions; provide financial education and promote financial literacy; and assist in maintaining financial stability in South Africa. This is in line with the Twin Peaks model of financial sector regulations, as envisioned in the Financial Sector Act 2017 (FSRA).