Explore the Category

Getting compliance right

13 March 2019 | General

The interconnectivity that the world currently finds itself in is far reaching. This sharing economy means that data in one part of the world can be analysed, refined and used as a test subject in another part of the world.

The FSCA welcomes the successful conviction of Ndlangisa Funeral Services for contravention of the Financial Advisory and Intermediary Services Act 37 of 2002

07 March 2019 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (FSCA) would like to applaud the law enforcement agencies for securing a conviction of Ndlangisa Funeral Services. The erstwhile Financial Services Board (FSB), received information on 06 July 2017 that Ndlangisa Funeral Services (“Ndlangisa”) was rendering financial services and collecting premiums from unsuspecting clients.

FSCA warns the public to act with caution when dealing with Prestige Wealth Solutions

07 March 2019 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (“FSCA”) warns the public to act with caution when dealing with Prestige Solutions Financial Consultancy (Pty) Ltd t/a Prestige Wealth Solutions (“Prestige Wealth”). Prestige Wealth is not authorised in terms of the Financial Advisory and Intermediary Services Act, 2002 (“FAIS Act”), to render any financial advice and intermediary services.

Pension Fund rapped for ignoring treating customers fairly rules

07 March 2019 | PFA - Pension Fund Adjudicator

Members of pension funds must be kept appropriately informed before, during and after entering into contracts, the Pension Funds Adjudicator has warned.

quick poll

Question

Are financial advisers ready for the combined impact of COFI and AI?

Answer

Yes, fully prepared and already adapting Somewhat prepared, but still facing implementation challenges Not yet prepared, more time and support needed Unsure / still assessing the impact

View the Results