A child’s voice in parents’ legal battle
It is often said “parents know best” – but when parents become embroiled in litigation against each other and children are involved, it can become very difficult for them to set their own […]
Best Practice
Rights of Homeowners Association
You bought property in a security estate managed by a Homeowners Association (HOA.) The property was expensive but in your mind an investment in your future. However, personal financial constraints have made you […]
Moonstone/Webber Wentzel Regulatory Update Workshops 2016
The following topics will be discussed in more detail: The impact of the Financial Sector Regulation Bill on your business The FSR (Twin Peaks) Bill will change your regulatory landscape and your Regulator. […]
Issues after the sale of a Brokerage
The issue of accountability for an omission was covered in a FAIS Ombud determination issued on 8 December 2015. It also provides insight into what happens in this regard after the sale of a business […]
Is there more to medical aid choices than just premium increases?
Another year, another premium increase to your medical aid plan for 2016! As households try to realign expenses to accommodate the above-inflation medical aid premium increases for 2016, many people are asking whether […]
Fixtures and fittings when selling property
This information is placed with the kind permission of Millers Attorneys. The issue of fixtures and fittings can be very contentious, primarily because there is no law that specifies what should be left […]
Financial Sector Regulation Bill Tabled
The Minister of Finance tabled the Financial Sector Regulation (FSR) Bill in Parliament on 27 October 2015, after taking into account comments received on the Bill published in December 2014. The Twin Peaks system of regulation […]
Beneficiaries on Life Policies
This article is made available with the kind permission of Van der Spuy and Partners. Jeremy is recently divorced and has just started dating again. This got him thinking about his future and […]
Social Security Reform Discussion Paper
A draft response document to comments received from stakeholders and members of the public on this year’s proposed taxation laws and tax administration laws amendment Bills was published on 15 October 2015 by National Treasury […]
Appeal Board Decision
It is not often that a determination by the FSB Appeal Board reveals some of the sad human realities of our society. The Appellant was debarred for two years for submitting false applications. […]
ASISA Standard on Effective Annual Cost
The ASISA Board approved the implementation of the ASISA Standard on Effective Annual Cost (EAC) in August 2015. The EAC comprises four separate components into which various charges are allocated. Investment Management Charge The […]
PAIA Manual Online
We recently advised readers of an extremely good offer (R199 only) to get their Promotion of Access to Information manuals in place. Unless we see yet another extension, the deadline is 31 December 2015. Even […]
Moonstone Protector Compliance Service
The dilemma facing financial services practices who are not obliged to appoint a compliance officer were highlighted recently by a rather frantic call from a one-person FSP after being informed by the FSB […]
What’s in a Name?
Misleading advertising will receive a lot of attention in future regulation. A recent media release by the Council for Medical Schemes provides a timely warning to us to make sure that we do […]
A Bull on your Bonnet?
Having just spent ten days travelling extensively in Namibia, I am acutely aware of the dangers of running into animals. There are even warning signs against wart hogs, which I thought would not […]
Can a qualification become invalid?
Angelique wrote: In order to be fit and proper we need to have the relevant experience, passed the required FAIS regulatory exam and have a qualification recognised by the FSB. If the qualification […]
Application for Exemption
The FSB website contains a fair number of FAIS Notices regarding individuals and others who were granted exemptions from complying with certain regulatory requirements. Some of the examples listed include: Fees Payable to […]
