Banxso will contest provisional liquidation order

Judge says there is a prima facie case that the trading platform does not operate within the confines of the law.

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Direct marketers face Heavy Fines

The days of unsolicited SMSs, endless calls and annoying e-mails from direct marketing companies trying to sell unwanted products are numbered, says a Saturday Star report. Direct marketing companies that use your personal […]

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National Women's Day

From Wikipedia: National Women’s Day is an annual public holiday in South Africa on 9 August. This commemorates the national march of women on this day in 1956 to petition against legislation that […]

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Intent, Injuries and KP

Bobby Londt reports: The 2nd test ended in a draw, but as draws go, this was one of the more lively ones seen in recent years. Credit must go to both captains for […]

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Alviro and Kevin entertain

Bobby Londt reports: Sublime batting has been the topic of most conversations at the second test. Two centuries, to be exact – one by our own Alviro Peterson and the other by their […]

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Women’s Day Special

No doubt there are some jokes one cannot share on this special day. As part of our educational drive, I will publish some stories to show what is not acceptable. Marital Bliss My […]

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Client Mandates

FAIS information circular 4 of 2012, published on 12 April 2012, contains information on bulk client transfers and the re-signing of client mandates. Most of the information below is copied directly from the […]

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FAIS Act under Threat?

An extremely important court case, which could have severe implications for the FAIS Act, is currently under way in Pretoria. At stake is the FAIS Ombud’s jurisdiction to make determinations about investments in […]

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NewGold Exchange Traded Fund (ETF)

Mike Brown, Managing Director, etfSA.co.za The NewGold ETF (GLD) issued by Absa Capital, is the most successful South African ETF measured by size. First listed on the JSE in November 2004, it now […]

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You be the Judge II

This article in Thursday’s Moonstone Monitor elicited the biggest response in years. Many readers shared their views, and no doubt, their preparation for the regulatory exams was very evident. Thanks for all your […]

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The gifted Horse

A group of Grade 3, 4 and 5 pupils, accompanied by two female teachers, went on a field trip to the Greyville Racecourse, to learn about thoroughbred race horses and the supporting industry, […]

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You be the Judge

I received the following enquiry from a reader. It reflects a common problem which many FSPs experience when having to determine whether a person is merely providing administrative assistance, or actually giving advice, […]

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Survey Assistance

ASISA’s Medical & Underwriting Standing Committee (MUSC) have requested our assistance in a survey of intermediaries on Standardised Critical Illness Definitions (SCIDEP). This applies to all advisors involved in life assurance. It aims […]

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Communicating with the Regulator

Callers to our offices sometimes express frustration trying to communicate with the FSB, and end up using us as a source of information. We obviously regard this as a major compliment, and try […]

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Driving home the advantage

Bobby Londt reports: After the epic lesson given at The Oval, the cricketing world keenly awaited the next round of this mini world championship. The second tests starts today at Headingley in Leeds. I […]

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Bumble in the Jungle

One can throw stones, make excuses or simply swear or cheer, but the fact remains that the Sharks simply peaked at the right time, while the Stormers did not, on Saturday. Watching the […]

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Paddy the Painter

A painter by the name of Paddy Murphy, while not a brilliant scholar, was a gifted portrait artist. Over a short number of years, his fame grew and soon people from all over […]

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