Leads Provision and the FAIS Act
The definition of an intermediary service was the subject of a number of discussions and reviews, including an article published by the FSB to provide clarity on what actually constitutes such a service. […]
Retirement fund members must ensure their fund has their correct details and they are registered as a taxpayer with SARS.
Read moreThe definition of an intermediary service was the subject of a number of discussions and reviews, including an article published by the FSB to provide clarity on what actually constitutes such a service. […]
Sometimes, something that appears insignificant can have rather important ramifications. The Regulator recently requested all registered short-term insurers who are members of the Short-term Ombudsman (OSTI) to provide full details of personal lines […]
Who can ever forget this immortal uttering by the late Charles Fortune? Ryan Harris, Australian fast bowler, is something of an amateur author. His column in the Sydney Morning Herald contains some pointers […]
The fair treatment of clients by certain product providers was recently questioned by Bruce Cameron in an article on causal event charges. A key part of ensuring proper market conduct is a new […]
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. […]
Some of you may remember this expression from the cartoon series “Grootbek en Katvis” on TV in the early days when ou Grootbek tried to outsmart the wily catfish I used the very […]
We predicted earlier that 2014 would be a bit of a water-treading year in so far as new regulations and changes relating to financial advice and intermediary services are concerned. This was based […]
This old adage, from a Protea perspective, refers more to the second part: “…where angels fear to tread.” The prospect of facing Mitchell Johnson must be a daunting one, yet AB de Villiers, […]
The Taxation Laws Amendment Act No. 31 of 2013, published in Government Gazette No. 37158 on 12 December 2013, contains very important changes to the tax treatment of contributions to retirement funding. Hettie […]
Moonstone is a co-sponsor of this seminar which is a must-attend event for all key individuals, representatives and compliance officers. Anton Swanepoel and other leading industry experts will discuss the year ahead from […]
Financial Services Providers who receive client funds are required to conform to very specific requirements in terms of liquidity, as set out in the Determination of Fit and Proper Requirements. In terms of […]
Mitchell Johnson appears to reserve his best for South Africans. His career best of 12 wickets for 127 runs in the first test at Centurion eclipsed his previous best figures of 11 for […]
We recently queried the discrepancy in commission payable to healthcare brokers and what their counterparts in the short-term industry earn for essentially providing the same service. In response to an enquiry from a […]
The Registrar of Collective Investment Schemes (“the Registrar”) referred a suspected contravention of Section 65(3) of the Collective Investment Schemes Act, No 45 of 2002 (CISCA) to the enforcement Committee. It was alleged […]
The National Treasury and the Financial Services Board (FSB) published a Joint media statement outlining their preliminary response to stakeholder comments on proposals released in September 2012 for regulating hedge funds. Annexure A, […]
The answer to this Shakespearian question is not as simple as some would think. At the time of writing, Australia was on 369 for 7 in their first innings. There was a lot […]