Moonstone Information Refinery – Page 368

Banxso licence withdrawal – FST dismisses reconsideration bid

The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.

Video interview: New mutual insurer enters the market

2025 FPI Convention Highlights with Lelané Bezuidenhout and Ronald Matande

Key compliance issues for FSPs in 2025/26

Update on Sign-on Bonuses

The swift reaction by the FSB to finalise this matter needs to be commended, particularly if one takes into account that the process, which was announced on 1 September, included consultation with the industry. […]

One-sided Sevens Tournament

Keeping the All Blacks scoreless in the semi-finals, and then rubbing the Aussie noses in the turf at Dubai, must come as close to rugby heaven as one could wish for. The Blitsbokke […]

East African Community (EAC) integration receives boost

Integration efforts within the East African Community (EAC) received a significant boost at the end of November when the World Bank pledged to provide support for infrastructure investment across the region. The multilateral […]

RE Update

Moonstone’s offices close on 19 December, and reopens on 5 January 2015. The first exams will be available as follows: • Permanent Centres: 12 January 2015 • Satellite Venues: 26 January 2015 Book […]

Conflicting Accounts Regarding Cambist

According to Moneyweb, some firms with close ties to Cambist are experiencing problems. A month ago, OneLaw indicated that it would be offering voluntary severance packages to staff who wanted to leave. Earlier […]

2014 Compliance Report Workshop

FSPs not obliged to appoint a compliance officer need to submit their 2014 Compliance Reports by the end of February 2015. We invite all those affected to pre-book their seats at this popular annual […]

Appeal Court Judgment on J Arthur Brown

The successful appeal by the State against the judgment by the High Court against J Arthur Brown certainly makes for interesting reading. The judgment found that the Western Cape High Court erred in […]

Regulatory Exam update

Registrations for exams in 2014 closed on 28 November. Those who wish to register for next year must please contact our offices before 20 December 2014. Moonstone reopens on 5 January 2015, and the first exams […]

Moonstone RDR Workshops

The Retail Distribution Review will have a huge impact on the way business is conducted in all sectors of the financial services industry. We expect two reactions to the proposals: those who dig […]

Causal Event Charges and the RDR

A vast number of interpretive articles were published on the retail distribution review discussion paper since its publication. Unfortunately, a number of these added to the confusion, rather than provide clarity on this […]

Mujuru’s axing opens door for Mnangagwa as Zimbabwe’s next president

Mujuru’s axing opens door for Mnangagwa as Zimbabwe’s next president Vice President Joice Mujuru has been axed, as expected. Apparently not wishing to leave her and her supporters’ fate to any chance, party […]

Springboks Slip Sliding Away

While reflecting on Saturday’s match between the Springboks and Wales, a Paul Simon song kept popping up in my head: “You know the nearer your destination, the more you’re slip sliding away.” Perhaps […]

The new Level 2 REs?

The provision of generic and product-specific training will become an important obligation for product providers under the RDR. In the discussion of these obligations, the following paragraph provides a possible clue on how […]

Product Suppliers to come to the Party

The Retail Distribution Review expresses a popular view held by long-suffering financial advisors: “The current regulatory framework gives rise to imbalances in the responsibility of product suppliers and intermediaries for fair customer outcomes, […]