To provide for, and consolidate the laws relating to, the investment, safe custody and administration of funds and trust property by financial institutions; to enable the registrar to protect such funds and trust property; to repeal the Financial Institutions (Investment of Funds) Act, 1984 (Act No . 39 of 1984); to improve the enforcement powers of the registrar; and to provide for matters incidental thereto.

Latest Developments:

The Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001) has been amended as per Schedule 4 of the Financial Sector Regulation Act, 2017. Gazette Number 41549 - Notice 169 dated 29 March 2018.

The Financial Institutions (Protection of Funds) Act, 2001, (Act No. 28 of 2001) has been amended by Guidelines on the Conduct of Curators, Government Gazette 38550, Notice No. 56 of 2015, dated 6 March 2015.

The Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001) has been amended by Financial Services Laws General Amendment Act, 2013. Government Gazette 37351 dated 18 February 2014.

The Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001) was amended by the Financial Markets Act, 2012 (Act No. 19 of 2012) Government Gazette No. 36121, dated 1 February 2013.

The Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001) was amended by the Financial Services Laws General Amendment Act, 2008 (Act No. 22 of 2008) Government Gazette No. 31471, dated 30 September 2008.

The Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001) has been added to the web site by Government Gazette No. 22857, dated 23 November 2001.