The government takes banks to task over what it sees as unfair lending practices, proposing mandatory disclosures of declined home loans.
Read moreThe statistics section of the Ombud’s report provides useful insight into trends in the industry. New complaints received During the applicable year, the FSB received 9 949 complaints. The total number of complaints […]
In a directive published last week, the Financial Intelligence Centre (the FIC) requested all institutions registered with it to update their details on the FIC’s electronic platform. In order to verify that your […]
The Springbok team, announced yesterday, pleased more people than usual, both from a view of who was selected, and who was left out. The inclusion of Pat Lambie in place of Zane Kirchner […]
According to an article on the Supersport website, South Africa have now failed to cross the 200-mark in five of their last seven matches, including a 4-1 defeat against Sri Lanka in July […]
The National Resistance of Mozambique (Renamo) has returned to the bush, but this does not mean a return to war. Nor do we see any threat to regional economies. Renamo – the spawn […]
Following on from a recent draft document calling for input from the industry, the Registrar has now published a directive on the maximum causal event charges which may be deducted under Part 5A […]
FAIS Circular 7, issued by the FSB this week, contains details of a new debarment notification document which comes into effect tomorrow, 1 November 2013. The background to this new form was discussed […]
Now that I have almost managed to digest the overdose of humble pie I was fed over the weekend, it is time to look forward to bigger things – the end-of-year tour by […]
Western Province 19 – Sharks 33 An article in my local paper titled, “That is why WP lost” may well have read: “Why the Sharks won.” It lists the following 5 factors: Poor […]
The information below is taken directly from FAIS Information Circular 8/2013. Level 1 REs “The FSB decided to commence with a review of the Level 1 examinations. The review will mainly focus on […]
“The Financial Services Board (FSB) commented on a circular dated 6 August 2013, issued by Frontier Asset Management to debenture holders and shareholders who have acquired their rights in terms of Schemes of […]
The government of the Democratic Republic of the Congo (DRC) is seeking to increase revenue from the expansion of its mining industry. The government plans to raise its free stake in new mining projects […]
Blue The FSB telematics broadcast on 28 August 2013 was intended for independent financial advisors and covered a wide range of topics, including one simply titled: FAIS Ombud Determinations. The introduction states that […]
It is a bit much expecting me to believe that the Sharks, with a possible starting line-up containing eleven Springboks, are the underdogs. There were more attempts at trying to shirk the mantle […]
The following posting, by a member of the public, was recently placed on our website in response to an article we published a few months ago: What a pity I didn’t see this […]
The Treating Customers Fairly Roadmap provides some guidance to the planned roll out of this initiative, with enforcement indicated as starting in January 2014. The fact that it has its own unique little […]
