FSCA welcomes decision to uphold revised R20m fine on Markus Jooste
‘Conduct of this kind undermines public confidence in financial markets and leads the general public to believe that the system is rigged and unfair,’ Tribunal says.
#administrative penalty
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FSCA has another go at fining Markus Jooste
This is a year after the Financial Services Tribunal set aside the Authority’s penalty of almost R162 million.
How the FSCA decides on the size of an administrative penalty
And how the Financial Services Tribunal assesses whether the fine was appropriate.
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