It is going to take some time before we fully understand the plans of Lesotho’s squabbling political elites. These elites are attempting to advance their own agendas in the mediation process led by […]
Thus far in this series of articles, we covered the need to embed fair treatment of customers in the culture of your business, and ensuring that the products you recommend address the real […]
From 14 April 2014, changes to the FAIS Act which came into operation on 28 February 2014 were incorporated in the regulatory exams. FAIS Circular 4 of 2014 contains details of these changes, as well as […]
This may well be the mantra that Heyneke Meyer is chanting after selecting Oupa Mohoje in the starting line-up for the test against Australia at Newlands on Saturday. Had he opted for the […]
Last week was not a good one for the two most prominent property syndications in the country. We reported elsewhere about the woes of Sharemax, and now Picvest also made the headlines. This […]
Sharemax made the headlines again last week, after a relatively long lull in media exposure. It was reported that SARS applied to the North Gauteng High Court to liquidate Sharemax Investments in view […]
By Bobby Londt An interesting development has transpired regarding overseas Boks, more specifically the “Toulon” Boks, over the last few weeks. If you have not read about it – it basically relates to […]
Western governments and international organisations have started taking real action against the unrelenting spread of the Ebola virus. On Thursday, September 18, the United Nations (UN) Security Council adopted a US-sponsored resolution in […]
Louis Wessels, FSB legal consultant, writes in the latest FSB Bulletin that the debarment of representatives, unlike those involving key individuals, remain a taxing problem for the Regulator. Readers may recall that we […]
The impact of the Protection of Personal Information Act and the Treating Customers Fairly initiative will have a very direct bearing on your business. All intermediaries will, in one way or another, be […]
Last year, we published an article titled Charges in Respect of Investment Policies. I referred the matter to the FSB for comment, particularly in view of the following opinions expressed by the Long-term […]
A notice, published in the Government Gazette on 20 November 2013, formalised the increased fees payable to the FSB in respect of certain functions. Before we compare the new fees to the old, […]
The introduction of the FAIS Act brought a number of additional layers of cost which providers of financial services had to absorb. The majority of the tentacles of this octopus have compliance written […]
Background Up to the end of the previous century, regulation of financial services was by and large left in the hands of the industry itself. The advent of consumerism and money laundering, amongst […]
We are inundated with requests from clients who have mislaid their certificates. Please follow the DIY steps below to get it much quicker. Regulatory Exam candidates who wrote with Moonstone, and passed, can […]
The following posting, by a member of the public, was recently placed on our website in response to an article we published a few months ago: What a pity I didn’t see this […]
One would think that the required relationship between key individuals and their representatives are fairly clear. Where a key individual is required, at this time, to have successfully completed the level 1 regulatory […]
