The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.
An investor who lost R346 000 while trading on Oinvest has failed in his attempt to have the Financial Services Tribunal order the FSCA to reimburse his loss. He said the FSCA was liable, […]
The CCMA has ruled that the suspension of an employee who refused to be vaccinated was not an unfair labour practice in terms of the Labour Relations Act. The is the second arbitration […]
We operate in an era where honest and clear disclosure is a prerequisite for providing advice that enables a client to make an informed decision. Coupled to this is the need to explain […]
Consumers are justifiably concerned about the impact of Eskom’s demand for a 20% tariff increase, but there’s another factor that could contribute to rising inflation this year: significantly higher Sasria rates on commercial […]
As expected, the SA Reserve Bank’s Monetary Policy Committee (MPC) on Thursday raised the repo rate by 25 basis points to 4%. However, what surprised some market analysts is that the SARB’s quarterly […]
The release of Solidarity’s annual Bank Charges Report usually generates a fair bit of interest, probably because consumers want to see whether Capitec will live up to its reputation as the country’s cheapest […]
The CCMA’s decision that the dismissal of an employee who refused to be vaccinated against Covid-19 was substantially fair has generated a considerable amount of interest (see our report). Constitutional law expert Professor […]
The Constitutional Court has refused to hear an appeal by former personal injury lawyers Ronald and Darren Bobroff against a Supreme Court of Appeal (SCA) judgment that ordered them to hand over more […]
Access to information has become the saving grace for expatriates. However, with the advent of social media platforms came an accompanying surge of opportunistic advisers who unknowingly, and sometimes knowingly, mislead vulnerable expatriates […]
Moonstone Business School of Excellence (MBSE) provides top-quality education at affordable prices, and we’re so confident that our fees are competitive that we’re offering to match any quoted price and give you R250 […]
The Commission for Conciliation, Mediation and Arbitration (CCMA) decided this month that the dismissal of an employee who refused to be vaccinated was substantively fair. Daniel van der Merwe, the Eastern Cape manager […]
The top achievers in the 2021 exams for the Advanced Certificate in Financial Planning (ACFP) say the support they received from Moonstone Business School of Excellence’s lecturers helped them complete the qualification. Click […]
The Office of the Ombud for Financial Services Providers is relocating from its Erasmuskloof offices to new premises in Menlyn Central, Pretoria. The FAIS Ombud said in a statement that the move is […]
How does one justify placing an 80-year-old Alzheimer sufferer’s funds in a syndication scheme that is being investigated by the South African Reserve Bank? A recent determination by the FAIS Ombud revealed details […]
FSPs will pay significantly higher levies if the Financial Sector and Deposit Insurance Levies Bill is passed into law in its current form. The Minister of Finance introduced the bill and the Financial […]
By how much will inflation increase this year and, more importantly, how many rate hikes will we see as a result? Thursday’s meeting of the Monetary Policy Committee (MPC) may shed more light […]
Moonstone Compliance, in conjunction with Moonstone Business School of Excellence, will host its popular annual regulatory update workshop on Thursday, 24 February. This year, the workshop will be hosted as a webinar. It […]
