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[Media Release]

The FSCA fines Viceroy Research (#Viceroy) and its partners R50 million for publishing false and misleading statements about Capitec Bank Holdings Ltd.

Read the full statement here: fsca.co.za/News%20Documen…

#FSCAEnforcements #TCF #ConsumerProtection
"The penalty imposed is jointly and severally payable by the Respondents within 30 days from the date of the order."

#Viceroy
"The FSCA found that the Respondents had contravened Section 81(1) of the Financial Markets Act 19 of 2012 (FMA) in that during January 2018 they published false, misleading or deceptive statements, promises or forecasts regarding material facts about Capitec"

#Viceroy
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