High Court Interdicts Fusion From Issuing Construction Guarantees
The Financial Sector Conduct Authority (FSCA) welcomes the judgment delivered by the Gauteng Division of the High Court on 23 March 2026, which interdicted Fusion from issuing its construction guarantees and confirmed the FSCA’s longstanding position that registration under the National Credit Act 34 of 2005 (“NCA”) by a party issuing guarantees does not exclude …
