Why the tribunal didn’t send this debarment decision back to the FSP
FST’s decision reveals a litany of problems with the procedure followed.
Author: Mark Bechard
Conveyancing attorney liable for R1.4m after fraudster intercepts email
Attorney also sought an order holding Standard Bank liable if the court found that he had to pay the respondents.
Pension Funds Adjudicator cannot enforce court orders
Applicant obtains High Court orders to get her share of ex-husband’s pension interest.
Ruling in dispute between Road Accident Fund and Discovery Health over claims
Medical schemes and administrators now know whether they can continue to claim from the RAF on behalf of their members.
MBSE gets the thumbs-up from top Higher Certificate in Wealth Management students
Supportive and knowledgeable lecturers are among the reasons.
Top Postgraduate Diploma in Financial Planning students recommend MBSE
The qualification is demanding, but it’s ‘definitely possible to get across the line with Moonstone’.
Tribunal sends a warning about misusing contracts to avoid paying benefits
Labour legislation sets down the criteria that determine whether someone is an employee.
Cybercrime judgment has implications for FSPs that email bank details to clients
ENS was aware that business email compromise attacks were rife in the conveyancing industry, judge says.
New MBSE course will teach you the skills to become an entrepreneur
The key to being a successful entrepreneur is to do what you’re truly passionate about.
Funeral intermediary in provisional liquidation over unpaid premiums
In response, Prosper says various factors that contributed to the dispute have not received the required consideration.
Tribunal slashes penalties imposed on the Land Bank’s insurance companies
Prudential Authority fined them an effective R2.688m for contraventions of the Short-term Insurance Act and the Insurance Act.
The tribunal can only reconsider ‘a decision’
How does section 218 of the Financial Sector Regulation Act define what ‘a decision’ is?
What are the acceptable grounds for debarments?
A single act of dishonesty, incompetence, mismanagement or negligence may not by itself be grounds for debarment.
Tribunal rules in ‘reckless lending’ case against Direct Axis, FirstRand Bank and Sanlam Personal Loans
Summit claims ‘routine’ abuse of the exception to the Minimum Expense Norms table when assessing whether consumers can afford credit.
Family goes to court after deceased’s life partner gets 100% of RA benefit
High Court considers the extent of the retirement fund’s investigation into the dependants.
High Court considers the meaning of ‘sudden’ in R7m liability claim
Transnet took Santam to court to recover the costs of rehabilitating soil contaminated after thieves broke into a fuel pipeline.
Unemployed trader applies to tribunal to have penalties reduced
The FSCA had already reduced the penalties and dropped the intention to debar for 10 years.
