Conduct of Financial Institutions (COFI) Bill 2018 – draft

The National Treasury invites you to comments on the draft Conduct of Financial Institutions (COFI) Bill 2018, which is published today together with an explanatory policy paper that sets out the policy rationale for the COFI Bill.

The COFI Bill is the next phase of the legislative reforms aimed at strengthening the regulation of how the financial services industry treats its customers. The Bill follows the Financial Sector Regulation Act (FSRA) No 9 of 2017, which established two new authorities with dedicated mandates. The two new authorities are the Prudential Authority (PA) which manages prudential risk (financial health), and the Financial Sector Conduct Authority (FSCA) which manages the market conduct risk across all financial institutions. Both regulators became operational on 1 April 2018.

You are invited to provide suggestions or comments in support or objection via the form below. Should you be unsure, please read the live comments, media, summary or documents below.   Closing date is Monday, 1 April 2019.

31 active citizens in this campaign, so far

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The Feeds and Pet Food Bill has been drafted to provide for:

the regulation of feed and pet food;
the regulation of feed ingredients used in the manufacturing of feed and pet food;
the licensing or registration of facilities used for the manufacturing of feed or pet food;
the appointment of a Registrar to administer the Act;
the appointment of advisory committees, advisers, assignees, auditors, and inspectors to assist the Registrar in the exercise of his or her powers in the regulation, compliance monitoring and enforcement of this Act.


the need to ensure the manufacturing of safe feed for animals intended for human consumption;
the need to ensure the manufacturing of safe pet food intended for companion animals;
the critical role that feed play in food safety, nutrition and food security;
the need for a traceability system within the feed and pet food industries.


protect the consumers and users of feed and pet food;
disseminate an efficient and effective traceability system;
ensure compliance with food safety requirements.


Displaying newest 5 comments sent.

Yes, I do approve.
I have over the years noticed a marked decline in the quality of pet food, especially dry pet food. Some cat food is so unsuitable for cats, contain dry ground mielies, cats can’t eat that. This thing about “meat and fish derivatives added” that is sooo misleading as one has no idea what is actually being added to the pet food. This industry needs to be regulated and the health and safety of all pets be taken into account.
No, I do not approve .
By stating on a packet of pet food that one of the ingredients is ‘animal or meat products’ is not enough.
It is well known that euthanised dogs and cats are used in some of the cheaper products!
This is disgraceful considering that the euthanasia drug is still in the meat of these wretched animals!
The three D’s, destroyed, disabled, dead or dying carcasses used needs to be CLEARLY marked on each packet of food for the buyers perusal.
No wonder pets today are dying of terrible cancers, bowl and urinary disorders etc.
I want to know whether ‘animal fat’ is skimmed off the huge pots of reconstituted gunge, unthanaesed pets BEFORE l feed it to my pets!
Yes, I do approve.
Yes, I do approve.
I'm shocked that there is no regulations. Like all foods it should be made known ingredients. My animals are just as important to me as my family.
Yes, I do approve.
It's not just pets it's also the less off families that eat pet food to survive


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