Financial Services
COFI
Conduct of Financial Institutions Act
Proposed legislation consolidating market conduct rules for all financial institutions under the Twin Peaks framework.
Issued by:Financial Sector Conduct AuthorityCitation:Bill B22-2023
Financial ServicesBankingInsuranceRetirement Funds
Sections
2
Duties
2
Questions
3
Assessment from
R 45 000
What the assessment covers
The assessment works through 3 questions across 2 duties, scored out of 41. Each answer generates the specific actions needed to close or prove that duty — and a “yes” only counts once its evidence is in, which is what makes the score defensible rather than self-declared.
The questions themselves are part of the assessment.
COFI
Find out where you stand on COFI
Run the assessment, get your score, and get the exact list of what to fix — with the evidence trail an auditor will ask for.