The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
Read moreThe National Treasury and Financial Services Board invites the public to attend a Consumer Credit Insurance (“CCI”) workshop which will discuss the findings and focus areas arising from the “Technical Report on the […]
The Deputy Registrar of Financial Services Providers invited industry input on a proposed Guidance Note on the interpretation and application of section 13(1)(c) of the Financial Advisory and Intermediary Services Act, 2002. This […]
Application for Exemption The FSB recently published a document titled, “Application for an exemption in relation to Qualifications and regulatory examinations”. It sets out how one should go about applying for an exemption, […]
By Steve Manning It’s been a strange time In the same week the senate inquiry released a damning report against the financial advice provided by Commonwealth Financial Planning (CBA), the government quietly rolled […]
A survey amongst FSPs would very likely reveal a “wait and see” approach from the majority of smaller businesses as far as Treating Customers Fairly is concerned. Many of those who adopted a […]
In an address to parliament on 4 September, the Minister of Finance expressed concern over the number of people resigning to get their hands on money in their pension and provident funds. The matter […]
The Namibia Statistics Agency (NSA) released revised National Accounts on September 12. The revised data – as opposed to the preliminary adjustments released earlier in the year – paint a far rosier picture […]
Mutual music maniacs may have heard echoes of this Billy Fury song after the final whistle blew in the match between the All Blacks and the Springboks on Saturday. In particular, the final […]
Kommentators na aan die Bokke beweer dat hulle die teleurstelling van verlede Saterdag verwerk het, en nou op die groot stryd teen die aartsvyand fokus. Ek dink nie dit sal ‘n slegte ding […]
The regulation of securities exchanges in South Africa was ranked first in the world, for the fifth time in a row, in the World Economic Forum (WEF)’s 2014/2105 Global Competitiveness Report. This is […]
SAIA notes in its August newsletter that the Treating Customers Fairly (TCF) Department will cease to exist. It will, in future, form part of the Market Conduct Strategy Unit. This is in line […]
There is a tendency to see legislation that regulates financial services as operating differently from other laws. While the processes may sometimes differ, the same principles apply. This became evident in a recent […]
We often receive queries from employers regarding the validity of RE certificates produced by prospective applicants. This is indeed wise, as we are aware of instances where people fraudulently replicate documents by means […]
Clancey Clangers not the only reason – Paul Kruger If the Springboks had the benefit of appealing against the result of Saturday’s match against Australia, their chances of success would be excellent if […]
Behind Lesotho’s current political crisis, security cluster ructions and infighting are the real threats to stability. As Prime Minister Thomas Thabane’s allegations of a coup disintegrated, the fractious nature of the relationship between […]
The whole messy business of institutionalised churning reminds me of the wise words of George Bernard Shaw: “A government that robs Peter to pay Paul can always depend on the support of Paul.” […]
