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.
#honestyandintegrity
Tribunal draws line between discipline and debarment
An FSP cannot treat debarment as an automatic consequence of a disciplinary finding, the Tribunal says, setting aside a process riddled with procedural failures.
Tribunal sets aside Sanlam debarment over client cash deposits
The adviser breached Sanlam’s internal cash-handling rule, but the conduct did not establish a lack of honesty and integrity.
