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

10 October 2014

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:

FSB welcomes dismissal of appeal by the Constitutional Court

10 October 2014

The Financial Services Board (FSB) is pleased to confirm that an application for leave to appeal in a matter brought by Simon Nash, CEO at Cadac, against the regulator and a number of other parties, has been dismissed by the Constitutional Court of South Africa.

FSB : Dawood Seedat : Audit Findings

03 October 2014

Following two extensive reviews resulting from allegations of corruption made in June 2014 against the former Chief Financial Officer of the Financial Services Board (FSB), Mr Dawood Seedat, the FSB is pleased to confirm that there has been no evidence of a breakdown of internal controls within the organisation.

Provisional appointment of new Fidentia Curator

03 September 2014

The Western Cape High Court has provisionally appointed Mr John Levin as curator of the financial services business of Fidentia Asset Management (Pty) Ltd, Bramber Alternative (Pty) Ltd and Fidentia Holdings (Pty) Ltd (Fidentia). This follows the resignation of Mr Dines Gihwala as curator in July 2014.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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