Financial Services Board warns the public to exercise caution in dealing with Charl Hattingh and Securetbrokers CC T/A Sanvest

The Financial Services Board (“FSB”) would like to warn members of the public to refrain from conducting any business or investing funds with with Charl Hattingh and Securet Brokers CC t/a Sanvest who were authorized (FSP: 12547) in terms of section 8 of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act) to render advice and intermediary services in respect of the following products:

Long Term Insurance: Category A
Short Term Insurance: Personal Lines
Short Term Insurance: Commercial Lines
Pension Fund Benefits (excluding retail)

Charl Hattingh and Securet Brokers CC t/a Sanvest were conducting business from the following addresses:

96 Da Gama Road
Jeffrey’s Bay
6330

P O Box 510
Jeffrey’s Bay
6330

Securet Brokers CC t/a Sanvest’s FAIS licence was withdrawn on 30 January 2008 and was debarred for a period of 5 years from applying for a new licence. Charl Hattingh was also debarred from rendering financial services. The withdrawal of authorization follows an investigation into the affairs of Charl Hattingh and Securet Brokers CC t/a Sanvest by the Registrar of Financial Services Providers (the Registrar).

It has subsequently come to the Registrar’s attention that Charl Hattingh and Securet Brokers Cc t/a Sanvest are still rendering financial services without the required authorization.

The public is requested to exercise caution when dealing with Charl Hattingh and Securet Brokers Cc t/a Sanvest as these persons are not licensed in terms of the FAIS Act and are not authorized to render financial services.

The FSB again reminds consumers who wish to conduct financial services with an institution or person to check beforehand with the FSB on either the toll free number (0800110443) or on the website www.fsb.co.za as to whether or not such institution or person is authorised to render financial services.