FSB Licensing Part II
On Monday, we discussed the process employed at Moonstone when assisting applicants with their licence applications. If you missed it, click here to download the article. On receipt of our application documents, the […]
Best Practice
High Court orders insurer to reconsider unfair debarment carried out in 2016
The applicant only became aware in May last year that the decision to debar her constituted administrative action.
Read moreNew licensing requirements envisaged
An article titled Financial Services Sector: get ready to relicense, published in Moneyweb yesterday, will no doubt come as a huge shock to many people in the financial services industry. It appears that […]
Date of First Appointment Enquiry
I have been working in an insurance department in August 2010 until November 2011 then worked in a non-insurance department from December 2011 until June 2012. In July 2012 I have been working […]
Healthcare Guidelines
The recent document updating the Medical Schemes Council policies and guidelines contained two items which may be of interest to readers. Orphan Client Allocation “…when a member has been admitted to a scheme […]
Training Trivia
We picked up two interesting pieces of information from the Inseta website: An e-mail from careerwisup@gmail.com is doing the rounds, offering learners an Inseta Learnership at a price. Inseta says: “Learners are advised […]
CPD Update
The March edition of the ASISA publication “In the Loop” contains the following information regarding CPD developments: The FSB published a draft, redesigned, Determination of Continuous Professional Development (CPD) on 19 December 2011. […]
Check your Licence
When last did you look at your licence document? You know, the one displayed against your wall, flanked by your RE1 and RE 5 certificates? Many people, when they first applied, added everything, […]
Krediete en Kwalifikasies
Die volgende aanhaling verskyn in die FSB se Voorbereidingsgids vir die Regulatoriese Eksamens: Die gewysigde geskikte en gepaste vereistes wat in 2008 aangekondig is, het die finansiële dienste bedryf aan ‘n nuwe konsep […]
The Devil made me do it
One of the first determinations by the FAIS Ombud concerned a complaint against an advisor who said, in her defence, that she did not place a client’s funds in an investment that went […]
FSB Licencing made Easy
The second part of the DVD of the FSB telematic broadcast of 7 March covered the following topics: Profile changes: Contact details Add/amend.remove Representatives Directors/members.shareholder details Approval/removal of Key Individuals Online Submissions: […]
New Licence Category
The March edition of the Bowman Gilfillan Financial Services Newsflash contains an article entitled Extension of Certain Exemptions Granted under the Financial Advisory and Intermediary Services Act, 2002 (FAIS). We reprint the article […]
Ghost CPD Points Part II
Last week, we warned readers against training service providers who use Continuous Professional Development (CPD) credits as a means of selling their services to unsuspecting FSPs who are under the impression that it […]
Healthcare Hurdles
I am writing this article on the morning of budget day. One of the topics which feature quite heavily in pre-budget speculation concerns progress on the planned National Health Insurance (NHI). Of even […]
Views on Risk Profiling
Last Monday’s article on the on the Smit determination, which involved an investment in the Dynamic Wealth MR Property Fund, certainly drew a lot of discussion. An experienced broker, and long time personal […]
SARS Grawe nog Dieper in Jou Rekords:
My kollega wys my gister ‘n e-pos wat hy van sy bank ontvang het oor verdere stappe wat SARS implementeer om belastingbetalers se eerlikheid te toets. New SARS requirement: Your home loan balance […]
Full Qualification Training
Moonstone’s training division currently offers two “Further Education and Training Certificates” on Level 4 and four qualifications on level 5 and level 6, respectively. Initially, we focused on helping FSPs obtain the minimum […]
