COFI Act set to replace 13 sectoral laws governing SA's financial institutions The conduct of South African financial institutions will soon be regulated under a single piece of legislation aimed at building a sustainable financial services industry. Caroline da Silva, Division Executive: Regulatory Policy at the Financial Sector Conduct Authority (FSCA) told delegates at the 46th annual African Insurance Exchange (AIE 2019) – held 14-17 July 2019 in Sun City, South Africa –