Debarment where the relationship is governed by a franchise and an adviser agreement
Tribunal draws attention to the effect of selling the franchise house business on the financial adviser agreement.
Appeals Board ruling puts Centriq–Dis-Chem partnership on the line
In Circular 48, the CMS signals tougher enforcement against exempted insurers, warning that non-compliant branding and failure to notify regulators will attract decisive action.
Sanlam should be bound to the higher benefit value, RA fund member tells Adjudicator
Discrepancy between the figures on his benefit statement and those on Sanlam’s website.
Resources on disclosures related to climate risk and investments
The final part in a six-part series that explains why climate risk matters to investors.
UK set to introduce deregulation in financial services
Government uses opportunity provided by Brexit to ‘cut red tape’ and ‘turbocharge growth.
Tribunal rules in ‘reckless lending’ case against Direct Axis, FirstRand Bank and Sanlam Personal Loans
Summit claims ‘routine’ abuse of the exception to the Minimum Expense Norms table when assessing whether consumers can afford credit.
Family goes to court after deceased’s life partner gets 100% of RA benefit
High Court considers the extent of the retirement fund’s investigation into the dependants.
Latest FSCA workshops can be viewed on YouTube
The workshops were on irregularity reports and the legislative requirements for funeral parlour FSPs.
How Sanlam has fared over the past 10 months
Tough claims environment weighs on short-term insurance business
Climate-related disclosure in South Africa
Part five in a series that explains why climate risk matters to investors.
Is ‘bona fide inadvertent error’ a good defence when you’re slapped with an understatement penalty?
The Supreme Court of Appeal and the SA Revenue Service have different views on what exactly this term means.
FSCA publishes amendments to the General Code of Conduct
The requirements for advice fees in the context of insurance policies will be dealt with by amending the insurance regulations.
FSCA has another go at fining Markus Jooste
This is a year after the Financial Services Tribunal set aside the Authority’s penalty of almost R162 million.
High Court considers the meaning of ‘sudden’ in R7m liability claim
Transnet took Santam to court to recover the costs of rehabilitating soil contaminated after thieves broke into a fuel pipeline.
How accountable institutions should meet their Fica obligations in the context of Popia
An accountable institution should ask only for personal information that is necessary to achieve the purposes of Fica.
Short-term insurer OUTsurance lists on the JSE
Final chapter in RMI’s transition from an investor in a portfolio of financial services businesses.
How companies should disclose climate-related information
Part four in a series that explains why climate risk matters to investors.
Is ‘long Covid’ the result of people electing to vaccinate?
If you look at readers’ comments on Monday’s article, many think it is.
