Mark Bechard – Page 14 – Moonstone Information Refinery

Day 2 Highlights from the FSCA Industry Conference 2026

Summit claims ‘routine’ abuse of the exception to the Minimum Expense Norms table when assessing whether consumers can afford credit.

High Court considers the extent of the retirement fund’s investigation into the dependants.

Transnet took Santam to court to recover the costs of rehabilitating soil contaminated after thieves broke into a fuel pipeline.

The FSCA had already reduced the penalties and dropped the intention to debar for 10 years.

Financial Services Tribunal considers the Adjudicator’s powers relating to section 14 transfers

Tribunal was ‘not afforded the courtesy’ of an explanation for the ombud’s failure to respond to questions from the deputy chairperson.

Tribunal repeats its previous ‘recommendation’ that the FAIS Ombud obtain oral and expert evidence to resolve the disputes of fact.

Stringent compliance obligations await if it is, but there’ll be a transitional period for new sectors.

Referring clients to another broker does not constitute advice for the purposes of the FAIS Act.

And how the Financial Services Tribunal assesses whether the fine was appropriate.

It explicitly places an onus on retirement funds to alert employers of their obligations under the Pension Funds Act.

Eight interesting things, including an update on long-standing property syndication complaints.

Therefore, current 8.5% of GDP spent on healthcare resources will be enough to fund NHI, Parliament told.

This follows the High Court’s decision confirming its earlier judgment.

The Adjudicator also failed to apply the Pension Fund’s Act prescription provision correctly, tribunal says.

Tribunal considers whether the insurers in some way gave their consent to IGM investing the premiums in illiquid assets.

High Court weighs witnesses’ testimony to decide whether a husband did, in fact, predecease his wife and beneficiary.