SARS pays back R10bn, but some taxpayers’ refunds are being withheld

Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.

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Submission of Financial Statements

Those FSPs whose financial year ends on 28 February, received a reminder from the FSB about the deadline for the compulsory submission of their financial statements.. The Regulator’s website contains guidelines on how […]

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Perfect Vision in Hindsight?

Does the benefit of hindsight count against advisors in so far as the FAIS Ombud is concerned? This is what went through my mind when I read the latest determination by the Ombud. […]

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The Real Cost of Compliance

This article appears in the December/January 2013 edition of INVESTSA Remember the spaghetti western “The Good, the Bad and the Ugly”? In one scene, Eli Wallach, on horseback, leads Clint Eastwood, on foot, […]

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Comment on 2013 Draft Compliance Reports

The FSB invited comment on the draft 2013 compliance reports published on their website. Changes for 2013: • There are no substantial changes to the content of the reports. Some of the changes include […]

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Action against RE Defaulters

FAIS Circular 2 of 2013 contains details of the action to be taken against those who failed to comply with the requirement to write the regulatory exams by the end of June last […]

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FSB Communications

RE Support Workshops The FSB will be running a limited number of Assistance Workshops, identical to those currently presented by Inseta. This is to accommodate those candidates who were unable to attend the […]

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Sharks in Shallow Waters?

Looking at the fixture list for the Super 15 series, the Sharks, like the Stormers, face a rather hectic schedule at the start of the tournament. They play the Cheetahs in Bloem, the […]

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Grandchildren are Sharp

1. My young grandson called the other day to wish me Happy Birthday. He asked me how old I was, and I told him, 80. My grandson was quiet for a moment, and […]

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New FSB “General Awareness” Workshop

A “General Awareness” telematic broadcast workshop will be run on 7 March, and will address the following topics: Termination of business The Disclosure of Fees and other potential Conflict of Interests on Third […]

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Twin Peaks Time Lines

The following section appears in the implementation document published on 1 February 2013. Moving towards a twin peaks model of financial regulation will result in the South African Reserve Bank’s organisational design changing […]

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Storming into the Tournament

There is just enough time left before the start of the Super 15 to look at the draw for each of of the South African teams, and the potential impact of this on […]

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Sharemax Beslissing en die Doel van FAIS

Die Toets vir Geskiktheid (The Suitability Test) Die vereiste dat adviseurs ‘n omsigtigheidstudie (due diligence) moet uitvoer ten opsigte van produkte wat hulle aanbeveel, word verder as volg toegelig in die Ombud se […]

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Your language lesson:

The difference between Complete and Finished… No dictionary has been able to adequately explain the difference between COMPLETE and FINISHED. However, in a recent linguistic conference held in London, England, and attended by […]

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