Crypto transfers: new client information requirements coming for CASPs and intermediaries

The ‘travel rule’ means CASPs and FSPs cannot initiate a crypto asset transfer unless they can transmit prescribed information.

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Concerns Vanish after ten minutes!

A very shrewd reader from chameleon country (where blue changes to pink overnight) recently expressed his appreciation for the unbiased writing in this column. He was of course brainwashing me, perhaps before the […]

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It is not a man’s world

Housework was a woman’s job, but one evening, Janice arrived home from work to find the children bathed, one load of laundry in the washer and another in the dryer. Dinner was on […]

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The human element to selling a business

When selling a business as a going concern, Section 197 of the Labour Relations Act (LRA) applies and regulates the transfer of employment contracts where the whole or part of a business is […]

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As-And-When Commission as the cure for miss-selling

The FSB invited input from 5 representative bodies on a proposed discussion document on “intermediary services and related remuneration.” In today’s article, we focus on one aspect: the considerations concerning risk business, including […]

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Registration Blues

Preparing for, and writing the regulatory exams, is enough of a challenge for the majority of candidates. You do not want to be burdened by concerns about administrative glitches, or misunderstandings when you […]

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Satisfying indeed…

Proteas The last time the Proteas came back from the land of the long white cloud in 2003 /2004 it was with a taste of bitterness and humiliation as they drew the test […]

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Happy Hour

Four old retired guys are walking down a street in Manchester. They turn a corner and see a sign that says, ‘Old Timers Bar – all drinks 10 pence’. They look at each […]

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Household savings: how does South Africa fare?

Global Finance magazine provides the following description of the term and some recent trends: Household saving is defined as the difference between a household’s disposable income (mainly wages received, revenue of the self-employed […]

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Stop telling me about the RE's!

A subscriber expressed his irritation with the weekly articles on the regulatory exams. “Please can you refrain from sending me info on the FSB EXAMS. I AM FULLY AWARE that the exams need […]

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Jy moet konsentreer my Kind!

Die groot verskil tussen die Bulle en die ander SA spanne die naweek was hul vermoë om vir 80 minute te konsentreer. Dalk kan mens ook die Lions hiervoor krediet gee. Hulle het […]

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It’s all to play for!

The Black Caps looks set to play an additional batsman and forgo the four man seam attack for the last and final test. Perhaps a test too late, but they have identified the […]

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Reincarnation

Every Friday evening after work, Gamat would braai a big, fat juicy steak. But his neighbours, being Catholic and therefore not allowed to eat meat on a Friday, suffered agonies of temptation as […]

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Letters from readers

In today’s article we share three pieces of correspondence. E-mail 1: This mail, dated 15 December, was sent to the FSB: People are talking about a test that has to be done by […]

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Vernon you beauty!

An empathic 9 wicket win within three days is not an everyday experience in New Zealand – but that is exactly what the Proteas did! They lead the series 1 – nil with […]

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I’m an Englishman in Phalaborwa

August 1: Just got transferred with work from London, UK to our new home in Phalaborwa, Limpopo, South Africa. Now this is a town that knows how to live! Beautiful, sunny days and […]

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