Financial Health Warning - Exercise caution when dealing with Fraser Mackie...
FMWM is not authorised as a financial services provider - The Registrar of Financial Services Providers ("the Registrar") would like to warn the members of the public to exercise caution when dealing...
View ArticleSaxum Insurance - Contraventions of legislation leads to fine
Saxum Insurance failed to authorise FSP to collect premiums on its behalf - The Registrar of Short-term Insurance ("the Registrar") referred a matter against Saxum Insurance Limited ("Saxum Insurance")...
View ArticleWarning: Pension Fund Scam
Ms Alberta Macpherson and her company AM Financial Services CC - The FSB warns members of the public to exercise caution when dealing with Ms Alberta Macpherson and her company AM Financial Services CC...
View ArticleFSB hosts a briefing session with the industry: Single Counter Exchanges
So that investors will receive adequate protection - On Friday, 29 August 2014 the FSB hosted an industry briefing session to discuss the regulatory framework and the application process for licences...
View ArticleFSB welcomes SA Taxi judgement
Taxi owners deprived of the right to choose their own brokers and find competitive rates - The Financial Services Board (FSB) welcomes the recent judgement by the Supreme Court of Appeal that ruled...
View ArticleFSB releases Retail Distribution Review paper for comment
Outlines a more proactive and interventionist regulatory approach - The Financial Services Board (FSB) today releases a discussion paper outlining the results of its Retail Distribution Review (RDR).
View ArticleFSB welcomes overturning of sentence on Fidentia's J Arthur Brown
'The initial decision to fine him was truly ill-conceived' - The Financial Services Board (FSB) is delighted with the decision by the Supreme Court of Appeal to overturn the overly lenient sentence...
View ArticleLead provider penalised
Talksure allowed its call centre agents to mislead clients - The Registrar of Financial Services Providers (the Registrar) referred a case against Talksure Trading (Pty) Limited
View ArticleSaxum Insurance fined
Short-term insurance policies underwritten without valid guarantees - The Registrar of Short-term Insurance (the Registrar) referred a matter against Saxum Insurance Limited.
View ArticleFunds urged to do more to pay their beneficiaries
Estimated that at least 3.5-million people are owed about R20-billion - Retirement funds must take all reasonable steps to trace and pay millions of their members and beneficiaries who remain untraced,...
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