High-yield equities can smooth volatility and generate reliable income, helping investors to balance growth and defence across bull and bear phases.
One of the presentations at the FSB’s Regulatory seminar provided the latest information on binder regulations. After publishing three information letters, the Regulator requested information from insurers to determine the state of compliance […]
The most recent Ombud determination concerns a complaint against First National Bank by a businessman, Craig Keshwar, who placed funds for investment with a bank manager, De Ghee, employed by FNB. The misappropriated […]
This may well be the theme for the Proteas, going forward, unless someone finds a way of teaching them that a series starts with the first game, not the second. My own views […]
A recent request from the FIC contained a request for all accountable and reporting institutions to ensure that their records at the Centre are up to date and accurate. The actual directive spelling […]
The Review of Retail Distribution has certainly taken an interesting turn from where we thought the Regulator was heading with this very important issue a year ago. The term, “Fees for Service”, implied […]
A notice, published in the Government Gazette on 20 November 2013, formalised the increased fees payable to the FSB in respect of certain functions. Before we compare the new fees to the old, […]
The FSB regularly publishes details of changes to the licensing conditions of FSPs. These include new licence applications, as well as withdrawals and suspensions of licences, and reinstatements. To date, it would appear […]
The introduction of the FAIS Act brought a number of additional layers of cost which providers of financial services had to absorb. The majority of the tentacles of this octopus have compliance written […]
Further to the recent increase in the maximum amount announced by the Minister of Finance, an information letter was published to provide guidance on the correct interpretation of the information. The change stems […]
Treating Customers Fairly will impact on the whole industry. To date, most of the communication was aimed at corporates and industry bodies, with little information flowing through to smaller FSPs and independent financial […]
The demolition job on France on Saturday summed up where the Springboks currently are. Much has been said about the game itself, so I will focus on a few aspects not related directly […]
Stade de France, the national stadium of France, is situated just north of Paris in the commune of Saint-Denis. It has an all-seater capacity of 81,338, making it the sixth largest stadium in Europe, and is used by both […]
Nigeria’s real GDP growth improved in the third quarter on the back of higher oil production as well as an increase in non-oil GDP growth. Real GDP at factor cost expanded by 6.81% […]
Background Up to the end of the previous century, regulation of financial services was by and large left in the hands of the industry itself. The advent of consumerism and money laundering, amongst […]
In a previous article we reflected on the need for more publicity regarding the positive contribution of the financial services sector. The following information, published by ASISA, should be reassuring to both the […]
At the end of October, we published an article titled, New Debarment Notification Document, containing details of a new form which has to be completed and sent to the FSB when a key […]
The man we most loved to hate, Sean Fitzpatrick, is actually a very likeable rogue. The interview with Ali Bacher was outstanding, and I would love to watch it again. On Saturday, Supersport […]
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