Proceed with caution
Whilst at the Olympic games in London, I was standing in a bar in Chelsea, minding my own business, when this little Chinese guy comes in and stands next to me. I turned […]
COFI is coming – and FSPs can’t afford to wait
Early preparation for COFI will give firms a competitive edge and help to avoid the compliance scramble seen during FAIS implementation.
Service Standards for Complaints Resolution
We regularly hear from readers about poor handling of complaints by product providers. The major problem from an advisor’s perspective is that a lack of response from the product house reflects badly on […]
Regulatory Exams
I recently bought a new car. I got a good deal and decided to help the F & I lady with her regulatory exams. She failed four times writing through Moonstone, and felt […]
Outsurance kry Bloedneus
Verbruikers wat meen dat hulle spaar deur die tussenganger uit te sny, kan gerus hierdie artikel lees. Luidens die berig in die Sunday Times van 12 Augustus 2012 is ‘n kliënt se eis […]
Another Investment Scheme under Provisional Curatorship
The total assets under management of the Rockland Targeted Development Investment Fund was placed under provisional curatorship on Tuesday after an ex parte application by the FSB. Bert Chanetsa of the FSB said […]
Top 10 jokes at the Edinburgh Fringe this year
1. Stewart Francis – “You know who really gives kids a bad name? Posh and Becks.” 2. Censored 3. Will Marsh – “I was raised as an only child, which really annoyed my […]
FSB Contact Details
The latest FSB newsletter, published in January this year, contains a list of e-mail addresses for submission of documentation to the Regulator. Please download and store this in easily accessible format. We have […]
FSB Broadcast on CPD
Continuous professional development has become the new buzz word as far as the regulatory exams are concerned. This was also the theme of the latest television broadcast by the FSB. It contains a […]
“Offs” and “Ons” Update
We kept a record of the number of FSP “offs” and “ons” as recorded in press releases by the FSB since 18 February last year. The figures are as follows: […]
Who said Test cricket is dead?
Wow, what a final day that was! The result is in the bag and the Proteas have laid claim to that elusive Number 1 ranking they have been working towards for so long. […]
On the verge…
We are all set for the last day. England were set a mammoth 346 runs to win and so square the series to cling to their number 1 ranking. As things stand, England […]
Paddy visits New York
He was patiently waiting and watching the traffic cop on a busy street crossing. The cop stopped the flow of traffic and shouted, ‘Okay, pedestrians.’ Then he’d allow the traffic to pass. He’d […]
FAIS and the CPA
The Consumer Protection Act is a landmark piece of legislation, aimed at protecting consumers from dubious business practices. The FAIS Act aims to regulate financial advice and intermediary services, with the stated intent […]
Another Sharemax ruling by FAIS Ombud
Legalbrief reports as follows: Another financial adviser has been ordered by the FAIS Ombudsman to repay a retired couple who invested their pension money in The Villa syndication of Sharemax, says a Sake24 […]
FSB Communications
On Wednesday, 22 August, the FSB broadcasts a workshop on how Continuous Professional Development works. The target market for which it is intended is indicated as: Key Individuals, sole proprietors, compliance officers and […]
Regulatory Exams for Compliance Officers: RE 40
This exam was announced some time ago, with timelines on the FSB website given as follows: Trials would be run in October and November 2011 January 2012 would see the exams, drawn up […]
Records and Rankings
Apart from the sideshow created by the Kevin Pietersen saga, the last “text match”, as it was dubbed in the media, gets underway at Lords today. At stake are the series and the […]
