In the March 2019 edition of the FinCoNet newsletter, the organization outlines its focus areas for the year, including financial product governance, corporate culture, and financial advertising. These initiatives aim to enhance the protection of financial consumers. Additionally, FinCoNet continues its efforts to expand its membership and encourages interested parties to reach out for more information.
The newsletter also highlights significant regulatory developments among member countries. In South Africa, the Financial Sector Conduct Authority introduced Conduct of Business Returns for the insurance industry, mandating insurers to report on various aspects of their business to promote transparency and fair treatment of customers. Furthermore, Banco de Portugal's supervisory authority has been extended to include credit intermediaries, ensuring that these entities adhere to the same standards of conduct and consumer protection as traditional financial institutions.