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.
FSCA licenses most crypto provider applicants – as enforcement tightens
The rising number of investigations and inspections underline a shift from registration to active supervision.
Nampak pension fund vs Nampak provident fund over members’ share of surplus accounts
Financial Services Tribunal considers the Adjudicator’s powers relating to section 14 transfers
Sars announces important change to Voluntary Disclosure Programme
The VDP allows taxpayers to come clean on non-compliance that may lead to penalties discovered by Sars.
Sanlam, Absa asset management transaction concluded
It creates a black-owned investment manager with more than R1 trillion in assets under management.
Task Force on Climate-related Financial Disclosures
Part three in a series that explains why climate risk matters to investors.
Is the independent financial advice market ‘an endangered species’?
Data from Ninety One provides an insight into the industry’s demographics and financial performance.
FAIS Ombud told to reconsider complaint against Old Mutual for rejecting liability claim
Tribunal was ‘not afforded the courtesy’ of an explanation for the ombud’s failure to respond to questions from the deputy chairperson.
Conclusions depend on the facts of each case, says FST as it sets aside determination for the third time
Tribunal repeats its previous ‘recommendation’ that the FAIS Ombud obtain oral and expert evidence to resolve the disputes of fact.
Climate change impacts on investment
Part two in a series that explains why climate risk matters to investors.
Will your business be an accountable institution from 19 December?
Stringent compliance obligations await if it is, but there’ll be a transitional period for new sectors.
Big five life insurers’ death claims against fully underwritten policies returning to pre-Covid levels
Only 15% of the death claims received by the five insurers between March 2020 and August 2022 were due to confirmed Covid deaths.
FIC proposes annual risk and compliance return for some accountable institutions
It will apply to estate agents, attorneys and trust practitioners, among others.
Become a financial planning expert with MBSE’s Postgraduate Diploma in Financial Planning
This qualification is newly approved as an accredited qualification by the Financial Planning Institute of Southern Africa.
Santam introduces exclusions for losses following loadshedding and other electricity grid interruptions
No doubt, other insurers will soon follow suit.
Ombud’s facts and findings don’t add up, says tribunal in setting aside property syndication determination
Referring clients to another broker does not constitute advice for the purposes of the FAIS Act.
Bad-debt relief for tax purposes is possible without legal proceedings
The two core components that must be met to claim a bad-debt write-off from Sars
Why climate change is an investment risk
A short video that explains why climate risk matters to investors.
