Update on Licenses for Financial Services Providers
Financial Services Board (FSB) deputy executive officer for Market Conduct and Consumer Education, Gerry Anderson says that steady progress is continuing to be maintained in the finalisation of applications received from Financial Services Providers (FSPs) for authorisation.
To date the FSB has finalised 15 630 (previously 15 459) applications.
In total, 1 090 of these applications have been declined (previously 1 050). One application that had previously been declined, has been reversed. This is:
FSP 19315 Ian Fraser (Durban, Kwa Zulu Natal)
The details of the 40 applications representing these declines are as follows:
FSP NO. & NAME
1. 3642 County Capital (Pty) Ltd trading as Insurance Online Durban, Kwa-Zulu-Natal
2. 18971 Jacoba Johanna du Toit, Worcester, Western Cape
3. 20680 Khan & Khan Insurance Consultants CC, Isipingo Hills, Kwa-Zulu-Natal
4. 23587 Andrew Ruben Laastele trading as Sunset Funeral Parlour Christiana, 2660 (053)
5. 24242 Pauline Funeral Services CC, Kestel, Free State
6. 28634 NNM Contracting and Trading CC trading as NNM Investments, Durban, Kwa-Zulu-Natal
7. 8922 Cristata (Pty) Ltd trading as BB Motors Tzaneen, Tzaneen, Mpumalanga
8. 9576 Gauteng Legal Services CC, Roodepoort, Gauteng
9, 10392 Africa Unlisted Shares Market Limited, Cape Town, Western Cape
10. 10438 Gary Anton Gibbons, Faerie Glen, Pretoria
11. 13211 ADH Investments Cars CC, Boksburg, Gauteng
12. 13376 T L C Community Development Funeral CC, Randfontein, Gauteng
13. 13891 Frank Giraudeau Brokers (Pty) Ltd Ltd trading as Spectrum Brokers, Port Elizabeth, Eastern Cape
14. 17551 Flanders Burial Scheme trading as Flanders for Funerals CC, Athlone, Western Cape
15. 18411 Charles Bernard Lawrence, Durban, Kwa-Zulu-Natal
16. 19314 The Fountain Group, Tsakane, Mpumalanga
17. 19863 Siniko Nogwanya trading as St.Faith Brokers, Lamontville, Kwa-Zulu-Natal
18. 20962 The Aviation Brokerage CC, Bryanston, Gauteng
19. 21253 Gerard Louis Le Roux, Pretoria
20. 21704 Dax's Funeral Home CC, Licthenburg, (018)
21. 22254 National Pride 175 (Pty) Ltd trading National Pride Fund Administrators, Bellville, Western Cape
22. 22378 Mr Price Group Limited trading as Mr Price/Mr Price Home/Sheet Street/Miladys, Durban, Kwa-Zulu-Natal
23. 22475 Barend Nicolaas Jansen trading as Complete Business Solution, Bloemfontein, Free State
24. 22553 Petrus Lafrus Uys Badenhorst trading as Piet Badenhorst, Noordhoek, Western Cape
25. 22766 SPHT Marketing Agency CC, Rustenburg, North Cape
26. 23505 Jacques Buys trading as Rhokem Motors, Kempton Park. Gauteng
27. 23536 Lembetsi Business Enterprise CC, Phalaborwa, (015)
28. 23539 Labuschagne Makelaars Trust, Hillsboro, Free State
29. 23647 Teftreat CC, Montana, Pretoria
30. 24124 Martin's Direct Funeral CC trading Martin's Funerals, Randfontein, Gauteng
31. 24178 Powerhouse Utilities (Pty) Ltd, Randburg, Gauteng
32. 24535 Taquanta Treasury Solutions (Pty) Limited, Killarney, Gauteng
33. 24713 Peter William Carroll trading as Peter Carroll Brokers, Licthenburg, (018)
34. 25514 Nombi Carolina Mashaba trading as Mashaba Intermediary, Johannesburg, Gauteng
35. 25684 Tannith Gardner trading as Tannith Gardner Insurance, Johannesburg, Gauteng
36. 26011 Elizabeth Lauretha Mohle trading as Lauret Mohle Insurance Broker, Piet Retief, (017)
37. 26064 Van Den Berg Finansiele Dienste BK, Carltonville, (018)
38. 26218 A.W. Minerva CC, Kempton Park. Gauteng
39. 26425 Krishan Gopal Moodliar, Durban, Kwa-Zulu-Natal
40. 26472 Business Venture Investments 231 (Pty) Ltd trading as Management Outsourcing, Johannesburg, Gauteng
The FSP license (18591) issued to Hyperception Properties 319cc trading as Prime Investments (George, Western Cape) has been withdrawn.
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".
