ANNUAL FINANCIAL STATEMENTS (AFS) SUBMISSIONS
All Financial Services Providers (FSPs) are required to submit their AFS to the Authority within 4 (four) months from the FSP’s year-end.
CTB has always assisted FSPs by checking, capturing and submitting the AFS via the Authority’s e-Portal. CTB can only continue rendering this service to FSPs that provide the AFS together with accompanying required Annexures at least 7 days prior to the submission deadline.
- CTB Information (including exemption application requirements)
See general information regarding AFS submissions, including arrangements for the February 2025 year-end submission in June.
- FSCA Submission process
- Annexure A
FSPs that do NOT collect premium or handle client assets are NOT obliged to produce audited AFS, unless the governing body has decided that AFS should be audited for internal reasons. FSPs exempt from having to produce audited AFS must provide a completed and signed Annexure A.
- Annexure A Declaration page
As per the above, this declaration page must be completed and signed and accompany the Annexure A.
- FAIS Notice 82 of 2015
This notice explains the impact of the amended Companies Act and grounds for relaxation of audit requirements, for info purposes.
- Form A Liquidity Calculation
CAT I FSPs collecting premiums and all CAT II FSPs must provide a completed Form A, Liquidity Calculation as at date of year-end.
- Section 19(3) Audit Report
FSPs receiving premium or client assets into a separate account, must have such account audited.
Thanking you for your valued cooperation.
Our best, as always,
The CTB Team