Banks defend lending criteria amid accusations of discrimination

The government takes banks to task over what it sees as unfair lending practices, proposing mandatory disclosures of declined home loans.

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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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The Business of Advice

Let me take you back in time. To a time when Insurance Salesmen – and men they were – roamed the Earth. Despite talk of ‘Building a Business’, the reality was stark. For […]

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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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Final Date for Reps to write RE 5

I blamed a tough year for having difficulty in following the reasoning in this circular when it was published in December last year. When I read it this morning, I thought that, rather […]

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Implementing the Twin Peaks Model

The original policy document, A safer financial sector to serve South Africa better, published in February 2011, announced a wide-ranging set of reforms to improve the institutional structures to support financial regulation. The […]

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FSB calls for Feedback

The FSB would like to encourage all its stakeholders and interested parties to participate in the consultation process initiated by the publication of A safer financial sector to serve South Africa better in […]

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Rise and Shine

One of the best things to happen in South African rugby last year, was the brand new crop of brilliant youngsters. Eben Etzebeth and Marcel Coetzee, for example, made their mark in no […]

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Political spin doctors

There are times when I think the bad apples in the industry are really giving all of us a bad name, but then I think of politicians and realise that we really have […]

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Full Qualification Training

Moonstone’s training division currently offers two “Further Education and Training Certificates” on Level 4 and four qualifications on level 5 and level 6, respectively. Initially, we focused on helping FSPs obtain the minimum […]

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