Arrear contributions: publishing employers’ names ‘is having an impact’
Deputy commissioner sets out the FSCA’s priorities for the supervision and regulation of the retirement industry.
How foreign investors and rating agencies view the outcome of the general election will affect the direction of bond yields and equity prices.
Read moreDeputy commissioner sets out the FSCA’s priorities for the supervision and regulation of the retirement industry.
The “investment platform” claims to offer investment opportunities in berry farming ventures while promising returns of up to 45% a month.
A failure to comply with specific BEE thresholds outlined in transformation plans could lead to the Authority withholding licences.
A fiduciary expert discusses the legal complexities surrounding attached assets in the wake of Markus Jooste’s death.
Nirvesh Financial Services was also penalised for failing to ensure that its representatives, Veracity and its directors, complied with the applicable laws.
Investors were promised returns of up to 400%, but there was no legitimate financial product or investment activity, the FSCA says.
The Authority will deem financial statements and other reports as outstanding until they are correctly captured and submitted on the FAIS e-Portal.
Coenraad Botha and his wife are facing 64 charges in Namibia related to an alleged illegal investment scheme involving N$163 million.
A new approach may be required to how financial institutions are remunerated for services rendered in respect of unclaimed assets, the Authority says.
The FSCA has launched the second and final batch of the 22-module online course for board members of retirement funds.
The unlawful impersonation of authorised FSPs to convince the public to part with their money is increasing.
The Authority should have conducted its own investigation and not relied solely on information provided by the insurer, the Tribunal says.
The FSCA publishes its latest list naming thousands of entities that allegedly owe retirement fund contributions.
The FSCA reiterates that copy or mirror trading amounts to unlicensed discretionary FSP business.
One of the businesses admitted to issuing more than 4 000 policies and collecting R14 million in premiums without having a licensed underwriter.
The Authority warns key individuals not to associate their names with ODP operators without knowing how they are conducting their business.