FSCA – Page 32 – Moonstone Information Refinery

Offshore investing for advisers: Inside the TFOS platform

About R1 million in investors’ funds was misappropriated.

The declaration of crypto assets as a financial product does not affect financial services rendered in relation to crypto asset derivatives.

Several investigations are looking into possible regulatory breaches by insurers, the Authority says.

Concern over the ‘alarming’ number of cases involving the submission of fictitious policies to insurers.

Case of Smart Billion highlights what is expected of KIs, says FSCA.

The penalties imposed by the Authority on Viceroy and Markus Jooste came to R211 million.

Moonstone will check the authenticity of a certificate if provided with written consent.

The Authority is looking into allegations that the company was involved in money laundering.

Trustees and principal officer commit to good governance in enforceable undertaking signed with the FSCA.

Authority publishes the final version of its strategy to promote transformation in the financial sector.

Among other provisions, financial education must not be used as a guise for marketing.

Authority says mistakes were made, but they were rectified.

This is one of three changes the Authority is proposing to make to Board Notice 90.

Authority also pulls the licence of Stringfellow Financial Services.

FSCA’s risk-based approach | Medical scheme in liquidation | CIPC to collect beneficial ownership info | SA ties with Russia ‘a risk’

More than 600 investors lost their money – some exceeding R1 million each.

Accountable institutions are expected to fulfil their compliance obligations