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.
A parent does not, in the strictest sense of the word, need to be the blood and biological parent of a child to inherit if the child dies intestate. This, Timeslive reports, was […]
A parent does not, in the strictest sense of the word, need to be the blood and biological parent of a child to inherit if the child dies intestate. This, Timeslive reports, was […]
The word “entrepreneur” is defined as: a person who organizes, operates, and assumes the risk of a business. From this definition, it is clear that most financial advisers are entrepreneurs. Being an entrepreneur […]
The word “entrepreneur” is defined as: a person who organizes, operates, and assumes the risk of a business. From this definition, it is clear that most financial advisers are entrepreneurs. Being an entrepreneur […]
In a media release last week, ASISA welcomed the public consultation process on the classification of inward listed instruments. This follows the statement issued by National Treasury, the SARB and the FSCA announcing […]
In a media release last week, ASISA welcomed the public consultation process on the classification of inward listed instruments. This follows the statement issued by National Treasury, the SARB and the FSCA announcing […]
The Financial Sector Conduct Authority (FSCA) has identified a recurring trend where financial services providers fail to comply with section 11(2) of the FAIS Act and/or abuse section 11(1)(d) of the FAIS Act […]
The Financial Sector Conduct Authority (FSCA) has identified a recurring trend where financial services providers fail to comply with section 11(2) of the FAIS Act and/or abuse section 11(1)(d) of the FAIS Act […]
By Jan Wegelin and Neil Summers In recent months many of us have had to adopt a different rhythm to how we live and work. We changed the way we shop to online, […]
By Jan Wegelin and Neil Summers In recent months many of us have had to adopt a different rhythm to how we live and work. We changed the way we shop to online, […]
In a media statement on Tuesday, National Treasury, the South African Reserve Bank (SARB) and the Financial Sector Conduct Authority (FSCA) announced their intention to review Exchange Control Circular 15/2020 issued by the […]
Another tragic fallout resulting from the Covid-19 pandemic is that a number of FSPs may be considering closing down. The FSCA published a Guidance Notice to assist such entities in complying with all […]
Another tragic fallout resulting from the Covid-19 pandemic is that a number of FSPs may be considering closing down. The FSCA published a Guidance Notice to assist such entities in complying with all […]
Guardrisk and Santam found themselves at the wrong end of the outcomes in two Cape High Court cases last week. On Tuesday, a full bench of the court ruled that Santam was liable […]
In a recent joint statement released by the South African Reserve Bank, Financial Sector Conduct Authority, Payments Association of South Africa and the Banking Association South Africa, all stakeholders are requested not to […]
In a recent joint statement released by the South African Reserve Bank, Financial Sector Conduct Authority, Payments Association of South Africa and the Banking Association South Africa, all stakeholders are requested not to […]
On Friday, the Financial Sector Conduct Authority (FSCA) published a draft declaration of crypto assets as financial products. “Globally there is rapid growing interest by retail investors to purchase crypto assets. South Africa […]
