From 1 March, new frameworks will impose expanded due diligence and information-exchange obligations on exchanges, custodians and banks.
Enforcement of the FAIS Ombud’s determinations appears to be a problem, particularly from a consumer perspective. What recourse do consumers have when those ordered to make good, elect to ignore the instruction? An […]
The National Treasury released two technical discussion papers on promoting household savings and reforming the retirement industry. These papers, numbered B and C respectively, are titled Enabling a better income in retirement, and […]
Gedurende die tydperk van 23 Julie tot 19 Augustus 2012 is die magtiging van 240 Finansiële Diensverskaffers (FDV) opgeskort. Die redes was: nie-betaling van heffings en die nie-indiening van voldoeningsverslae en/of finansiële state. […]
Sport24 reports that Jebb Sinclair and fellow loose forward Tyrone Holmes both appeared before the SARU committee on Tuesday after receiving red cards for punching in their team’s loss to the Sharks in […]
The T20 World Cup is now seen as one of the flagship events of the international cricketing calendar, rather than just a bit of fun. Michael Vaughan expects knowledge of sub-continental pitches to […]
The Association for Savings and Investments South Africa (ASISA) announced this week that a new fund classification standard has been finalised and approved for implementation on the 1st of January 2013. The new […]
When you hear Liverpool fans sing “You’ll never walk alone”, rest assured that you can join in when it comes to applying the principle of fairness in the financial services industry. The judgment […]
Most of us would rather learn from the mistakes of others, than from our own. If you share this view, and would like to find out where they went wrong, please click here […]
A number of people expressed unhappiness about the further extension of the final date for successful completion of the level 1 REs for key individuals and reps. Perhaps we should adopt the view […]
We received a number of responses to the special mailing on Friday. Some commentators were angry, others understanding. Piet skryf: Hi Paul, ek is dankbaar vir van my mede bemarkers, maar dankbaar ek […]
Financial Services Board (FSB) and Johannesburg Stock Exchange (JSE) are world class regulators The recently published Global Competitiveness Survey of the World Economic Forum (WEF) holds many reasons for South Africa to be […]
An article in Psychology Today carried the same title. It starts off with the following words: “Though we are designed to learn from our mistakes, remembering them is rarely enjoyable. Especially when they […]
For most of us, TCF is something hovering vaguely somewhere in the ether. With a bit of luck, and if we ignore it long enough, it will go away. Sorry to burst your […]
I received a call from a broker a few weeks ago: R: I am writing on the 28th of September, and mark my words, if I do not pass, there will be hell […]
The Financial Services Board (FSB) has today decided to extend the deadline by which persons that fall under the exemption previously granted by the FSB under Board Notice 61 of 2012 were required […]
