The applicant only became aware in May last year that the decision to debar her constituted administrative action.
Read moreThe information below is taken from a media release issued on the National Treasury website. National Treasury announced on Tuesday that the Insurance Laws Amendment Bill, 2013, which was tabled in Parliament on […]
The postponement of the Insurance Laws Amendment Bill, 2013 also impacted on a proposed change by the FSB to the FAIS Act. The objective of the proposed changes was to close regulatory gaps […]
We recently came across a media release of a survey titled SA advisers unprepared for regulatory change. We approached them for clarity on certain issues, and provide our questions, with their responses, below: […]
If you like listening to music while reading this column, click on this link to enjoy Billie Holiday singing “They can’t take that away from me”. Way back in 1996, the Crusaders became […]
Another bomb attack has taken place in Nairobi, three weeks after a night of grenade attacks. The incident on the night of Wednesday, April 23, killed two police officers and two other people […]
The results of two surveys in the financial services industry were recently published by CoreData, a firm who conducts research in banking, mortgages, retail saving, pensions, asset management and the financial advisory sector. […]
What happens to a power of attorney when the principal’s mental capacity starts to diminish and he/she loses the capacity to act? This is not only important for your clients – many of […]
The book, Slaughterhouse-5 by the renowned author Kurt Vonnegut, may as well have had the Super 15, rather than World War II, as background. Do yourself a favour and look at the official […]
This article, by Paul Resnik, was published in the April edition of the FinaMetrica newsletter. UK regulator fine for unsuitable advice It seems to be inevitable that the past behaviour of banks raises […]
The National Treasury (“Treasury”) and Financial Services Board issued the following media release last week: In 2012, South Africa, as a committed member of the G20, embarked on a process to enhance and […]
If the current Super 15 log reflected target shooting, the SA sides would be stone last as far as grouping is concerned. The Sharks and Lions still have to tour, and with a […]
The Bank of Namibia’s (BoN, the central bank) Monetary Policy Committee (MPC) held its latest meeting on April 16. The BoN decided to keep the repo rate unchanged at 5.5%. In justifying its […]
Two conflicting headlines in recent industry newsletters raise the question whether clients are treated fairly by the industry. “Complaints to (Long-term) ombudsman reach record number.” “South African consumers are very satisfied with the […]
When I read his article the first time, I got a little hot under the collar. Some of the following statements accounted for my agitation: I can’t help thinking we might have lost […]
Consumers at the lower end of the market are often more vulnerable when it comes to being defrauded. The latest Ombud determination provides details of how the Reformed Christians for Truth Church became […]
The FIC issued two new directives applicable to all accountable and reporting institutions: Directive 1 stipulates that “All institutions registered with the FIC are required to update their registration details only via the […]
