Discovery to appeal ‘far-reaching’ judgment in favour of RAF

The High Court says Discovery Health misconstrued the scope of the judgment that set aside the RAF’s first directive on the payment of medical scheme members’ claims.

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Sharemax Direkteure doen aansoek om Appél

Die Siegrist uitspraak van die FAIS Ombud gaan betwis word. In hierdie opspraakwekkende beslissing is 4 direkteure van Sharemax Beleggings aanspreeklik gehou vir die verliese wat beleggers gelei het in die Villa en […]

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Why Accurate RE Stats are hard to come by

The media carried several articles, amongst others, on how many licences have been suspended. In correspondence with the FSB last week, several reasons for difficulty with drawing accurate statistics were highlighted. The means […]

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“F” is for FAIL

Dankie Vader vir die Vrystaat. Die naasgunstelingspan van byna elke rugby ondersteuner in die land, benewens die Cheetahs se eie ondersteuners, het die naweek op die regte noot afgeskop deur vas te byt […]

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FSB Licencing made Easy

The second part of the DVD of the FSB telematic broadcast of 7 March covered the following topics: Profile changes: Contact details Add/amend.remove Representatives Directors/members.shareholder details Approval/removal of Key Individuals   Online Submissions: […]

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Practical Compliance Advice

The telematic broadcast on 7 March provided factual information about FAIS related matters, with a good smattering of practical advice from the two guests. The first session of the presentation, by Charene Nortier, […]

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RE Statistics Updated

Various media reports on the regulatory examinations saw the light recently. A document in this regard also appeared on the FSB website yesterday. It states that the pass rate is now 88%, presumably […]

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Churning out Commission

In a number of determinations over the past few years, the FAIS Ombud ruled against FSPs who did not follow the laid down procedures, prescribed in the FAIS Act, when replacing existing business. […]

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A War on Four Fronts

Cheetahs vs Waratahs The bigger threat for the Cheetahs tomorrow will not be their opponents, but over confidence after their stunning performance last week against the Highlanders. While some of the other teams […]

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Meanwhile back at the Bell Tower

Quasimodo goes to a doctor for his annual check up. “I think something is wrong with your back,” the doctor says. “What makes you say that?” Quasimodo asks. “I don’t know,” the doctor […]

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Approved Qualifications and the Level 2 REs

Please can you help me with something regarding Board Notice 135, which contains the list of approved qualifications? In the Board Notice, the letters S & G appear under respective sub categories. What […]

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New Licence Category

The March edition of the Bowman Gilfillan Financial Services Newsflash contains an article entitled Extension of Certain Exemptions Granted under the Financial Advisory and Intermediary Services Act, 2002 (FAIS). We reprint the article […]

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What a Wonder Weekend

I hummed this adaptation of the Louis Armstrong hit to myself as I drifted into a peaceful sleep last night. Bulls Played the Blues Must admit I enjoy reading the NZ newspapers the […]

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Training Related News

Approved Qualifications: Robyn Shapiro from Investec wanted to know if the list of approved qualifications was updated since the publication of Board Notice 135 on 15 August last year. It appears that this […]

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RE Update

Possibly the worst thing for those people who view 31 March 2013 as RE Judgment Day, is the impact on their ability to focus on learning and passing the regulatory exams. Perhaps the […]

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