FSCA announces proposed levy increase for 2025/26

The increase is below the 6% CPI-related increase permitted by the Levies Act.

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Implementing the Twin Peaks Model

The original policy document, A safer financial sector to serve South Africa better, published in February 2011, announced a wide-ranging set of reforms to improve the institutional structures to support financial regulation. The […]

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FSB calls for Feedback

The FSB would like to encourage all its stakeholders and interested parties to participate in the consultation process initiated by the publication of A safer financial sector to serve South Africa better in […]

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Rise and Shine

One of the best things to happen in South African rugby last year, was the brand new crop of brilliant youngsters. Eben Etzebeth and Marcel Coetzee, for example, made their mark in no […]

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Political spin doctors

There are times when I think the bad apples in the industry are really giving all of us a bad name, but then I think of politicians and realise that we really have […]

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Full Qualification Training

Moonstone’s training division currently offers two “Further Education and Training Certificates” on Level 4 and four qualifications on level 5 and level 6, respectively. Initially, we focused on helping FSPs obtain the minimum […]

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Updating your Records at the FSB

The article we published last week was based on information contained in the FSB FAIS circular 13. This proved to be a rather unfortunate number. We publish below relevant excerpts from the article, […]

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Steyn & Co – Unlimited!

The first time it happened was against the Aussies – I think we all thought it was a once off; A slip on the part of Australia, just one of those inexplicable cricket […]

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FAIS Ombud Indicts Product Provider

It has become a hackneyed phrase to term an event “ground breaking”. In this instance, I think it applies. We have for a very long time voiced our concern over the fact that […]

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Fopdosser?

Fopdosser? Thanks, Val, for sharing this. Twee meisie-veldmuise sit elkeen met n pakkie kaaskrulle en praat oor hul kêrels. Die een meisie-muis haal ‘n foto van haar muis-kêrel uit en wys dit vir […]

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Honesty and Integrity

I can still recall my initial reaction, way back when, when I first read that honesty and integrity would be one of the fit and proper requirements. There is no disputing the need […]

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Updating your Info at the FSB

Newsletter 13 provides guidance on how you can ensure that your records at the Regulator are up to date. The onus is on you to ensure this, so please follow these easy guidelines: […]

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Graeme Smith, Pakistan and Wine

Ton up! Special mention and congratulations must be conveyed to our fearless leader, Graeme Smith – well played Sir, on a 100 tests as Captain! We have been privileged as supporters to grow […]

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FSP Numbers

The latest figures released by the FSB shows that 313 FSPs had their authorisation suspended between 4 December 2012 and 24 January 2013. There were relatively few other “offs” and “ons”, with the […]

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Compliance Officer Exemption from REs

Board Notice 207 of 2012 was published on 14 December 2012, and now stipulates that the compulsory regulatory exam for COs must be written by 31 December 2013. “Compliance officer” means a compliance […]

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