Competition Tribunal rules it can hear currency manipulation case against banks
Nine more banks have been added to the case.
Banxso licence withdrawal – FST dismisses reconsideration bid
The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.
Enrol in our entry-level qualifications in insurance or financial planning
With our FETC qualifications, you can study further even if you don’t have a matric certificate.
Why the High Court rejected PSG Wealth’s defences against liability for client’s loss
PSG contended its liability for loss could not include instances where the client’s computer was hacked because of his negligence.
Prosecutions and jail time ‘is the test SA must pass to get off the grey list’
Intellidex cautions against putting false confidence in exact numbers of the economic impact of grey-listing.
Beneficial ownership disclosure requirements about to take effect
Companies will have to file information with the CIPC about the natural persons who are the beneficial owners of the company.
Habib curatorship unrelated to overseas banking crisis, says Sarb
Habib Overseas Bank has failed to comply with financial sector regulations, including strict exchange control rules, it says.
MPs get more time to obtain legal opinions on NHI Bill
This comes after opposition MPs walked out of the Portfolio Committee on Health in protest.
Financial services firm caught in email fraud must reimburse client
Hacker gets away with R800 000 after duping PSG Wealth employees twice within 10 days.
Trusts are facing a multitude of new reporting requirements
Trustees will have to report directly to Sars, outside of the current trust tax return process, and before the trust tax return is due.
Does the exchange rate really matter when investing offshore for the longer term?
Many South African investors are obsessed with the exchange rate when making an offshore investment. Here’s why it’s less of a factor than you think.
South Africans want ‘the rich’ to pay more tax, survey finds
In a country where only about 12% of the population is carrying the personal income tax burden, who exactly are ‘the rich’?
Two-pot retirement system: what are the four key issues still to be resolved?
There is still considerable uncertainty regarding what must to be implemented by the retirement industry.
Truffle Asset Management wins big at the Morningstar awards
Takes one of the two fund house awards, and the funds it manages won in three of the seven fund categories.
Sars launches service channel for taxpayers who aren’t connected to the internet
The Unstructured Supplementary Service Data feature is free of charge.
Monday briefing: a round-up of recent financial services news
Tax Freedom Day on 14 May | Health Squared liquidator appointed
Big R, credit crunch: REITs are not recession-proof investments
The negative market sentiment towards US REITs will rub off on REITs globally and specifically on global REITs indexes.
What can the UK teach SA about adviser firm consolidations and acquisitions?
There is an increasing focus on consolidation in the financial advice industry to manage challenges around succession and retirement.
