ConCourt judgment in Capitec vs SARS clarifies important VAT principles

The decision addresses the recovery of VAT on payments made under loan cover provided free of charge.

Earn CPD points while getting up to speed on POPIA and FICA

Moonstone Business School of Excellence equips financial professionals with CPD solutions for regulatory compliance.

Deadline alert: make the most of public holidays to meet CPD requirements

MBSE’s CPD subscription packages are designed so that FSPs and their representatives can obtain their CPD hours.

Window period for crypto asset FSPs to apply for a licence opens on 1 June

The FSCA wants to know whether applicants are compliant with the Financial Intelligence Centre Act.

FSCA reissues exemptions from competency requirements for certain licence categories

In February, the FSCA published FSCA Communication 4 announcing that it is exempting FSPs, key individuals and representatives who operate in the credit life and funeral insurance space from some of the Fit […]

‘Fit and proper’ exemptions for credit life, funeral insurance FSPs

The FSCA is exempting FSPs, key individuals and representatives who operate in the credit life and funeral insurance space from some of the Fit and Proper Requirements. The reason for the exemptions is […]

F & P Guidelines for appointment of representatives

The new Fit and Proper regulations provide a wide range of prescriptions which FSPs should consider when appointing new representatives. It also has a potential bearing on current appointees who may be unrehabilitated […]

Debarment of Representatives – now and post FSRA

The current provisions in the FAIS Act, 2002 and the procedures that have been adopted and applied by FSPs, and to some extent by the FSB, regarding the debarment of representatives have led, […]

Electronic updating of Representative Registers

FSBA financial services provider (FSP) must in terms of Condition 3 of its licence, inform the Registrar of Financial Services Providers (Registrar) within 15 days after any change to its register of representatives. […]

Old Mutual Representatives Granted Exemption

Board Notice 273 of 2013, published in December last year, provides details of an exemption granted to certain Old Mutual representatives in respect of the experience and qualification criteria applicable to: Collective investment […]

Important Qualification Requirements

The regulatory examinations took precedence for most people in the industry, and may have averted the focus from the qualification requirement, particularly in the case of representatives working under supervision. Industry demands for […]