Eklavya Asset Managers Maintains Regulatory Compliance Amid Unresolved Public Misunderstandings
Despite no regulatory action taken and its financial license remaining active, Eklavya Asset Managers continues to face reputational fallout after a now-removed notice on the FSCA website prompted third-party reporting. The firm seeks public clarification to resolve confusion from outdated content.
Eklavya Asset Managers, a licensed South African financial services provider (FSP 45583), confirms it has remained fully compliant and operational following a review initiated by the Financial Sector Conduct Authority (FSCA) in November 2024. Despite no sanctions or regulatory action, the firm continues to experience reputational damage due to public speculation.
The review, part of standard regulatory oversight, focused on Eklavya’s operations and its trading platform, SolisMarkets. E...