FSB Circular Download Problems
Those of you who use Mozilla Firefox will experience problems when downloading links to the FSB website. The FSB home page contains the following disclaimer: Opening and downloading of documents on this website […]
Stricter reporting obligations for crypto-asset transactions
From 1 March, new frameworks will impose expanded due diligence and information-exchange obligations on exchanges, custodians and banks.
Of Mice and Men
The announcement of the Springbok squad for the incoming series was generally well received by rugby lovers. Heyneke Meyer blended experience and youth, using Super 15 form, to produce an excellent combination of […]
The Modern Navy
The US Navy is proud of its new fleet of destroyers. Having initially named the first two ships USS Daring and USS Dauntless, the Naming Committee has, after intensive pressure from the United […]
Treating Customers Fairly
TCF is closer than we think. It appears to be on the FSB’s radar screen already, despite expectations that it will only become a reality next year. In an article we published on […]
Amended guidelines on Rep registers and debarments
FAIS Information Circular 4 of 2013, dated 27 May 2013, provides guidance regarding: Changes to the rep register, which was last amended in December 2009 The introduction and implementation of an electronic platform […]
Sports Galore
That peaceful process, which unites us as a nation, happens on Saturday, when Heyneke Meyer announces his side for the first test against Italy. We introduce you to a lekker website where armchair […]
Treating Customers Fairly in Action
TCF is closer than we think. It appears to be on the FSB’s radar screen already, despite expectations that it will only become a reality next year. In an article we published on […]
Hollard and Etana Merge
Judging from the media release on this transaction, it appears that there are many reasons why it is likely to be a huge success. Both entities are highly successful, and the merger will […]
2013 Annual FPI Convention and Expo
This year’s FPI conference boasts a host of industry authorities who will be tackling topical and current subject matter. The programme includes practical workshops and panel discussions by leading experts and opportunities to […]
FAIS Ombud Extends her Reach
We have long bemoaned the fact that determinations by the Ombud seemed to involve the advisor only, and not the product provider. In the recent Bekker determination, the Ombud makes the following point: […]
FSB Initiates Regulatory Action Against Old Mutual
In a media release on 21 May 2013, the Financial Services Board (FSB) announced that it has initiated regulatory action against Old Mutual for transgressions of Directive 159.A.i which applies to both the […]
Mixed Emotions
If you want to listen to Rick Nelson’s song as you read here, click on this link. Stormers 20 – Reds 15 The day after the match I saw a picture in my […]
Intermediary Service Definition Revisited
Common questions asked since FAIS was introduced include: “Does this constitute an intermediary service?” or “Must I be an FSP or representative?” The judgment on 16 May 2013 in the Supreme Court of […]
Jy’s Dof – B*gger Off
Beacon Radio (Wolverhampton) DJ Mark: For 10, what is the nationality of the Pope? Ruth from Rowley Regis: I think I know that one. Is it Jewish? Phil Wood Show (BBC Radio Manchester) […]
FSB Licensing Part II
On Monday, we discussed the process employed at Moonstone when assisting applicants with their licence applications. If you missed it, click here to download the article. On receipt of our application documents, the […]
FSP Licence Update
In the latest announcement by the FSB on the status of FSP licences, we see for the first time that failure to write the regulatory exams feature in the reasons for suspensions and […]
