FSB: FAIS licence update
Financial Services Board (FSB) Deputy Executive Officer for Market Conduct and Consumer Education, Gerry Anderson stated that the FSB has finalised the processing of 20 597 (Previously 20 529) applications for authorisation as financial services providers to date. In total, 1 969 of these applications have been declined (previously 1 968).
Period from 14 February 2011 – 13 March 2011
The detail of the following application that was declined is as follows:
42814 MBUYISELWA AMON KUNENE t/a MTIMANDE BROKERS PIETERMARITZBURG,
The authorisation of the following 29 FSPs were suspended during the reporting period:
7849 NSA DEVELOPMENTS CC t/a NSA FINANCIAL LYNNWOOD RIDGE, PRETORIA,
8600 MEDPRAK FINANSIELE DIENSTE (EDMS) BPK CAPITAL PARK, PRETORIA, GAUTENG
9315 BEN LOMBARD BROKERS CC ALLEN GROVE, KEMPTON PARK, GAUTENG
10064 ROCKETT INSURANCE BROKERS CC BAYVIEW, CHATSWORTH, DURBAN, KWAZULU-NATAL
12692 ARNO SMIT t/a INTERNATIONAL FINANCIAL SERVICES AGAVIA, KRUGERSDORP,
12698 CBM&M INS. BROKER CC DURBAN, KWAZULU-NATAL
13914 ANTON MOOLMAN BALMORAL LANDGOED, RONDEBOSCH, CAPE TOWN, WESTERN CAPE
16999 MEGAPHASE TRADING 531 CC t/a MAGIC DIRECT BUURENDAL, EDENVALE,
17101 DAVID WATERSTON INSURANCE BROKERS t/a WORLDWIDE INSURANCE BROKERS ERASMUSKLOOF, PRETORIA, GAUTENG
18167 TOITS MOTOR GROUP (PROPRIETARY) LTD HATFIELD, PRETORIA, GAUTENG
18374 LEBOHANG SIMON MAKOETLANE ZWELETEMBA, WORCESTER, WESTERN CAPE
19436 ZORAH BIBI ISMAIL t/a AZIZ FINANCIAL SERVICES PROVIDER PAROW-VALLEI, WESTERN CAPE
20820 JOHN ROBERT DUNCAN t/a NIMBLE INVESTMENTS ALBERTSKROON, JOHANNESBURG, GAUTENG
21137 FREDERIK JAKOBUS DU PLESSIS t/a FRED DU PLESSIS FINANCIAL SERVICES LYNNWOOD RIDGE, PRETORIA, GAUTENG
21731 MOGAMAT SALEIGH SOEKER t/a MUTUALITE CORPORATE BROKERS ALICEDALE LANDGOED, ATHLONE, CAPE TOWN, WESTERN CAPE
22995 BONGANI BRIAN MKHIZE t/a B.B. MKHIZE BROKERS UMLAZI, KWAZULU-NATAL
23605 ROBS MOTORS CC t/a ROBS NISSAN BRONKHORSTSPRUIT, GAUTENG
24715 CLEAR HORIZON CAPITAL (PTY) LTD BALMORAL LANDGOED, RONDEBOSCH, CAPE TOWN, WESTERN CAPE
26374 MARC ALLEN GRUSS t/a PREPARED FOR LIFE FINANCIAL SERVICES DOKKE, CAPE TOWN, WESTERN CAPE
26382 PIETER WILLEM VILJOEN CAPITAL PARK, PRETORIA, GAUTENG
26851 AFRICAN INVESTMENTS CONSULTING (PTY) LTD t/a AFRICAN INVESTMENTS
FAERIE GLEN, PRETORIA, GAUTENG
28704 LAMOLA MASHITA MABOTJA BROKERS CC ONVERWACHT, ELLISRAS, LEPHALALE
32312 GLOBE ASSET SYSTEMS (PTY) LTD t/a GAS PROPERTIES AMANDAGLEN, BELLVILLE, WESTERN CAPE
32706 NICHASIO NJERU NGICIANI t/a CHRISHE AND BEJA BROKERS ALBERTYNSHOF, KIMBERLEY, NORTHERN CAPE
34908 THREE DIAMONDS TRADING 35 (PTY) LTD t/a FINANCIAL PLANNING MENTORS ATHLONE, DURBAN, KWAZULU-NATAL
35560 GRAHAM SCHNEEBERGER BLANDFORD RIDGE, BRYANSTON, SANDTON, GAUTENG
36604 ISICEBI TRADING 1146 CC t/a IT1 FINANCIAL SERVICES GRAHAMSTOWN, EASTERN CAPE
37153 THABANI BHABHA RADEBE t/a ISIQALO HOLDING UMLAZI, KWAZULU-NATAL
41858 JUST IMAGINE OUTSOURCING CC BELLVILLE, WESTERN CAPE
The authorisation of the following 10 FSPs previously reported as suspended, have now been lifted:
2623 SIBA CONSUILTING CC MAMELODI, GAUTENG
7474 NORTHPARK TRADING 91 (PTY) LTD t/a PROSURE FRC BRONBERRIK, VERWOERDBURG, GAUTENG
8943 JOHAN BECK VERSEKERINGS EN BELEGGINGS MAKELAARS BK AMANDAGLEN, DURBANVILLE, WESTERN CAPE
10270 JACQUES DE ROUBIAX LOOTS t/a J & J MOTORS WORCESTER, WESTERN CAPE
16415 GEZANI SAMSON MAATHONSI GIYANI, LIMPOPO
17938 AERO & GENERAL INSURANCE BROKERS CC ALBERMARLE, GERMISTON, GAUTENG
19122 HIGHVELD EAST MOTORS (PTY) LTD t/a SECUNDA TOYOTA AND VALUE CARS SECUNDA, MPUMALANGA
19290 ORANDIA (PTY) LTD DE AAR, NORTHERN CAPE
22982 WEST POINT TRADING 255 CC JAN KEMPDORP, NORTHERN CAPE
28806 SENE PATRICIA MANTHATA DIEPKLOOF, JOHANNESBURG, GAUTENG
The authorisations of the following 8 FSPs have been withdrawn during the reporting period:
2544 SUIDPUNT MAKELAARS BK BREDASDORP, WESTERN CAPE
8847 SMITH PARRY CC t/a SMITH PARRY INSURANCE BROKERS HILTON, PIETERMARITZBURG, KWAZULU-NATAL
16363 ANTHONY THEODOR NISSEN t/a A T NISSEN & ASSOCIATES ALBANY, PINETOWN, KWAZULU-NATAL
17407 JACQUES EDWARDS t/a JACQUES EDWARDS & ASSOCIATES CONSTANTIA, WESTERN CAPE
19174 JAMES BOOYSEN t/a JEUDFRA BEGRAFNISONDERNEMING KLEINBEGIN, NORTHERN CAPE
20148 ORANJE MEGANIES (PTY) LTD t/a ORANJE NISSAN KLEINBEGIN, NORTHERN CAPE
24005 MAPONYA NATHANIEL MASITENYANE t/a SITTE'S LIFE AND FINANCIAL SERVICES ALAN MANOR, JOHANNESBURG, GAUTENG
36283 KOMANI FUNERAL SCHEMES CC QUEENSTOWN, EASTERN CAPE
The authorisation of the following 17 FSPs previously reported as having been withdrawn, have been reinstated:
5593 DM MONAGENG BROKERS CC DUDUZA, GAUTENG
7525 KHOLEKA MNYAKA t/a ISINAMYA BROKERS ALBANY, PINETOWN, KWAZULU-NATAL
7966 ATTIE VAN WYK BROKERS CC BELLA VISTA, CERES, WESTERN CAPE
12033 NKOYONO PETER TEMA t/a TEMA FINANCIAL BROKER SERVICES PIETERSBURG, POLOKWANE, LIMPOPO
12358 YUDISHTIR SINGH t/a FINANCIAL SYSTEMS UMHLANGA ROCKS, UMHLANGA, KWAZULU-NATAL
12398 AJK DE STADLER & ASSOCIATES CC t/a DE STADLER & ASSOCIATES CAPE OF GOOD HOPE NATURE RESERVE, CAPE TOWN, WESTERN CAPE
16183 EQUILLORE LEASE DISPUTE SETTLEMENT (PTY) LTD BAKOVEN, CAPE TOWN, WESTERN CAPE
16546 CWL BAARD CC HOPEFIELD, JOHANNESBURG, GAUTENG
18430 DANIEL TORINYANA NGUTSHANE t/a NGUTYANA BROKER SERVICE ALLEN GROVE, KEMPTON PARK, GAUTENG
18792 KHANZI'S FUNERAL & TRAVEL CC t/a KHANZI'S FUNERAL & INSURANCE SERVICES NYANGA, WESTERN CAPE
19012 INCREAMENTAL GROWTH FINANCIAL SERVICES CC MAHWELERENG, LIMPOPO
22746 MAWONGA AYLIFF HANXA DURBAN, KWAZULU-NATAL
23915 LEA MAGDALENA VENTER t/a RGI BROKERS ALLEN GROVE, KEMPTON PARK, GAUTENG
26034 ADRIATTIE SMITH t/a HEALTHCARE SOLUTIONS BAILEYS, MUCKLENEUK, PRETORIA, GAUTENG
29432 STONEVEST CC t/a STONEVEST CC AMANDAGLEN, BELLVILLE, WESTERN CAPE
30086 NANDISA BROKERS CC t/a NANDISA INSURANCE BROKERS BAYVIEW, CHATSWORTH, DURBAN, KWAZULU-NATAL
32744 MAP BROKERS CC DURBAN, KWAZULU-NATAL
The authorisation of the following FSP has provisionally been withdrawn:
21485 FLEETSURE (PTY) LTD t/a FUSION RISK CONSULTANTS ALBERTON, GAUTENG
“Anderson adds, "FSP's whose applications had been unsuccessful, withdrawn or suspended are entitled to appeal to the FSB Appeal Board, an independent tribunal, if the applicant is dissatisfied with the decision taken by the Registrar”.
