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Financial Sector

Charter Council

Annual Reports

2016 Annual Report Summary

The 2016 FSCC Annual report presents an overview of financial sector transformation performance between 2014 and 2016. During 2014 and 2015, the Council prioritized the revision of the 2012 Financial Sector Code to align it with the amended B-BBEE Act and its revised CoGP and did not publish performance reports during this period....

2013 Annual Report on Transformation

The Financial Sector Charter Council (FSC Council) aims to use the Financial Sector Code (FS Code), which is closely aligned to the dti Codes of Good Practice (CoGP), to mobilise the financial sector to implement empowerment initiatives that will bridge the gap brought about by the historical...

2008 Annual Review on Transformation

The objective of an annual review is to track the performance, compliance, implementation strategies and challenges in the financial sector. The review describes transformation performance of the different industries within the financial sector in terms of FSC performance...

2007 Annual Report on Transformation

The Charter is unique to the industry in that it addresses both the internal and external transformation requirements of the sector. The scorecard in the Charter is heavily weighted to ensuring banks and other financial services players invest in development and transformation of SA’s...

2006 Annual Report on Transformation

The 2006 Annual Review is the second transformation report setting out the financial sector’s progress in meeting the commitments of the Financial Sector Charter. It catalogues the sector’s progress relative to its starting point in 2005, and its state of transformation at the end of 2006...

2005 Annual Review on Transformation

The review covers the period 1 January 2005 to 31 December 2005 and tracks the performance of the financial sector in transforming itself into a sector of the economy that ‘reflects the demographics of South Africa, and contributes to the establishment of an equitable society...