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Veracity Markets hit with R10 million fine for unauthorised OTC trading
Nirvesh Financial Services was also penalised for failing to ensure that its representatives, Veracity and its directors, complied with the applicable laws.
‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
Read moreNirvesh Financial Services was also penalised for failing to ensure that its representatives, Veracity and its directors, complied with the applicable laws.
The FSCA has published a conduct standard setting out the conditions for retirement funds to invest in derivatives.
The declaration of crypto assets as a financial product does not affect financial services rendered in relation to crypto asset derivatives.