Unpaid investment advice still counts: Tribunal upholds five-year debarment
An unpaid role in an investment club has resulted in a five-year debarment after the Tribunal found that the arrangement fell outside the stokvel exemption.
FSCA
Tribunal tells FSP it cannot use debarment as punishment
A financial services representative’s unpaid debts and alleged fuel-card misuse were not enough to justify debarment.
COFI Bill still not before Parliament as reform score falls
The COFI Bill’s progress score has fallen as the legislation remains untabled, despite advances in other areas of financial-sector reform.
FAIS Ombud flags millions lost in online CFD trading
The FAIS Ombud secured R39.58 million in settlements and awards for consumers in 2025/26, up 24.66% year on year.
Retirement funds cannot outsource accountability for cyber risk
The FSCA’s practical guidance on Joint Standard 2 of 2024 sets out what retirement funds need to do to strengthen cyber resilience, oversee service providers, and prepare for cyber incidents.
RE1 and RE5: Get your regulatory examination sorted before year-end
From booking deadlines, examination fees, and what to bring on the day, here is what candidates need to know to plan for their RE1 or RE5 regulatory examination.
FSCA imposes R4.1m penalty and 25-year debarment on Du Plessis
The case began with a public warning in 2024 over alleged unrealistic returns and claims that Du Plessis had misrepresented his links to Sanlam Private Wealth.
Twenty-year debarment for unauthorised investment scheme
The FSCA found that about R129 000 deposited into the director’s personal bank accounts was used for personal purchases rather than invested as promised.
IBanxso, IMedbond, kunye neSteinhoff zinyuse izohlwayo zeFSCA zafikelela kwi-R2.9bn
Ingxelo yeMisebenzi yoLawulo ibonisa indlela iGunya elidibanisa ngayo izohlwayo, ukurhoxiswa kweelayisenisi, kunye nokukhutshwa kwempahla ukuze kulungiswe ukuziphatha okubi kakhulu
FIA Advice Summit 2026: Watch Moonstone’s interviews from the event
Moonstone covered the people and perspectives behind the conversations shaping financial advice. Watch our interviews with FIA leadership and industry representatives.
COFI: What must an advice file prove beyond compliance?
The FSCA’s Lezanne Botha explains why signed forms and completed disclosures are not enough, and what evidence can show that advice was suitable and customers were treated fairly.
COFI: Existing licence holders won’t have to reapply
The FSCA plans to consult on its relicensing approach and publish it about six months before the relevant provisions take effect.
FIA Advice Summit 2026: Why trust matters more than ever
From AI and climate risk to healthcare costs and regulatory reform, the summit explored how advisers can adapt while preserving sound judgement, accountability, and meaningful client relationships.
FSCA investigates transactions in Africa Bitcoin securities
The inquiry will consider whether trades executed during April and May 2026 contravened the Financial Markets Act.
Fake FSCA lawyer among latest batch of investment warnings
The regulator’s notices cover a purported refund operation, the misuse of legitimate FSPs’ details, and unauthorised forex, crypto-asset, and copy-trading offers.
Digital assets: three questions advisers need to be asking
Who can advise on digital assets, where can clients move them, and what can SARS see? A practical look at the questions advisers need to understand.
Warning over RE certificates bearing FSCA’s and Moonstone’s branding
The regulator says EduMe is not an approved examination body, although education providers may offer services that help candidates prepare for the examinations.
