Regulatory case
FSCA v. Steinhoff International Holdings N.V.
- Authority
- Financial Sector Conduct Authority (South Africa)
- Case number
- Not published
- Filed or opened
- Not published
- Organization
- Steinhoff International Holdings N.V.
- Current stage
- Penalty imposed, remitted and paid
- Outcome
- Final. R53 million paid according to a 2026 reportS3.
Decisions and steps
- R1.5 billion penalty imposed and remitted to R53 millionS2.
Claims this case bears on
- Partly supported88South Africa's Financial Sector Conduct Authority penalised Steinhoff R1.5 billion for misleading the market.Regulator statement, 16 September 20192 records citedDisclosure
- Supported85Steinhoff said in December 2017 that new information had come to light relating to accounting irregularities requiring further investigation.Company statement, 6 December 20172 records citedAccounting
Sources
- S2Tier A The FSCA fines Steinhoff International Holdings N.V. (Steinhoff/the Company) for contravention of the Financial Markets ActFinancial Sector Conduct Authority (republished by FAnews). Regulator press release. 16 September 2019.Regulator finding of false or misleading statements and the R1.5 billion penalty remitted to R53 million. Read as republished by FAnews. Searches of the FSCA site did not surface the original.Link working, checked 25 October 2026
- S3Tier C After the headlines: where major FSCA enforcement cases standMoonstone (author Mark Bechard). Press report. 11 August 2026.Reports the R53 million payment and continuing FSCA action against individuals. It does not cover criminal cases.Link working, checked 25 October 2026