FSRA not aware of JP Mar­kets

Sunday Observer - - NEWS -

They say they are in com­pli­ance, but do not have a cer­tifi­cate f r om t he Fi­nan­cial Ser­vices Reg­u­la­tory Au­thor­ity (FSRA) even though they op­er­ate a wide plat­form where de­posits are made daily.

Manag­ing Di­rec­tor Si­fiso Dlamini said they were given a go ahead to op­er­ate by FSRA, how­ever, when asked if there was a com­pli­ance cer­tifi­cate, he said they were grant- ed pro­vi­sional op­er­a­tion sta­tus.

This is con­trary to FSRA which re­sponded to an in­quiry that they were not reg­is­tered.

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