FSCA Tribunal orders FAIS Ombud to reconsider determination
The findings of a hearing by the FSCA Tribunal in the Van Zyl case heard on 25 June 2019 should result in serious introspection by the office of the FAIS Ombud. Whilst not […]
FSCA
Levies on financial institutions – Published by the FSCA
The FSCA has published the 2019 levy notice: Category I or IV FSP (a) A base amount of R3 575; and (2018: R3 373) (b) KI/Rep x R570 (2018: R538) Category I or […]
Levies on financial institutions – Published by the FSCA
The FSCA has published the 2019 levy notice: Category I or IV FSP (a) A base amount of R3 575; and (2018: R3 373) (b) KI/Rep x R570 (2018: R538) Category I or […]
Extension of CPD deadline – Are you compliant yet?
The Fit and Proper Determination requires that certain individuals obtain a specified number of Continuous Professional Development (CPD) hours within an annual 12-month cycle between 1 June and 31 May of a specific year. The […]
Extension of CPD deadline – Are you compliant yet?
The Fit and Proper Determination requires that certain individuals obtain a specified number of Continuous Professional Development (CPD) hours within an annual 12-month cycle between 1 June and 31 May of a specific year. The […]
FSCA – website down this weekend
There will be planned maintenance of ICT systems starting on Friday 5 July 2019 at 17:00, until Sunday 07 July 2019 at 20:00. This means that all ICT services, including the FSCA website, will not be accessible […]
FSCA – New appointment of Divisional Executive for Conduct of Business Supervision
Ms Kedibone Dikokwe has been appointed as the Divisional Executive: Conduct of Business Supervision, effective from 1 July 2019. This is the division that supervises the way financial institutions interact with their customers. […]
Proposed levies on Financial Institutions – FSCA requests comments
According to Pam Saxby of Legalbrief Policy Watch, the FSCA has called for input by 21 June 2019 on proposed levies for the 2019/20 financial year to be imposed on a raft of affected institutions. […]
FSCA News – Website down as a result of maintenance
There will be planned maintenance of ICT systems, starting on Friday 7 June 2019 at 17:00, until Sunday 9 June 2019 at 20:00. This means that all ICT services, including the FSCA website, will not be accessible during […]
FSCA News – Website down as a result of maintenance
There will be planned maintenance of ICT systems, starting on Friday 7 June 2019 at 17:00, until Sunday 9 June 2019 at 20:00. This means that all ICT services, including the FSCA website, will not be accessible during […]
CPD – FSCA answers your questions about non-compliance
It is critical for everyone to familiarise themselves with the answers to some very relevant and important questions. Let’s focus on a few responses from the FSCA: What happens if the FSP/ key […]
CPD game plan not an optional extra – FSCA clarifies requirements
The last week of May 2019 will be remembered for three things by South Africans. Firstly the rush and urgency by FSPs, key individuals and representatives to ensure that they were compliant with […]
CPD requirements – Extended CPD activity explained
The publication of the FSCA’s FAIS Notice 35 of 2019 triggered a few questions in the industry. The FAIS Notice states that “FSPs, key individuals and representatives who are members of foreign professional […]
Earn 5 CPD hours – Register for “The Trust Dilemma”
In the absence of trust, no relationship can be sustained. Trust, therefore, forms the basis of any relationship. MBSE has developed a course to equip delegates with all the necessary tools and skills […]
FSCA Retirement Funds Workshop – Application for registration closes tomorrow
The FSCA’s Retirement Funds Supervision Division (RFSD) will be hosting a one-day workshop to provide guidance for trustees on some of the important aspects of the Pension Funds Act, 1956 and Financial Sector […]
FSCA Retirement Funds Workshop – Application for registration closes tomorrow
The FSCA’s Retirement Funds Supervision Division (RFSD) will be hosting a one-day workshop to provide guidance for trustees on some of the important aspects of the Pension Funds Act, 1956 and Financial Sector […]
FSCA denied application for exemption – Was it justified?
In a recent Financial Tribunal case, the applicant, a sole proprietor and key individual of a brokerage, lodged an appeal for reconsideration of an FSCA decision in October 2018 to decline his application […]
