Secondary

Tag Archives | Promotion of Administrative Justice Act

phone-busy

FSPs can’t simply debar representatives for any act of internal misconduct

The Financial Services Tribunal (FST) has drawn on the principles governing the fit and proper requirements for legal practitioners in setting aside the debarment of a bank’s representative on the grounds of dishonesty. The tribunal also found fault with the procedure followed by First National Bank (FNB) in that it did not address the representative’s […]

Continue Reading
high-court-Joburg

Adjudicator overstepped her authority in deciding that pension fund’s rule did not apply retrospectively

The Gauteng High Court has overturned a determination by the Pension Funds Adjudicator, ruling that she exceeded her jurisdiction and did not follow a fair procedure when deciding that a fund’s amended rule did not apply retrospectively to an accrued benefit. The court also condoned the late filing of the applicants’ appeal, saying leaving the […]

Continue Reading
SA Corona Virus Online Portal Logo
CLICK HERE FOR MORE INFORMATION