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23 Apr 2024, 5:55 am
In case you as an FSP missed it, FSCA Communication 13 of 2024 (FAIS) updates FSPs on the manner and process for future submissions of annual financial statements and other statutory returns required under section 19 of the FAIS Act and other applicable subordinate legislation. [read post]
15 Apr 2024, 2:44 am
In case you as an FSP missed it, FSCA Communication 13 of 2024 (FAIS) updates FSPs on the manner and process for future submissions of annual financial statements and other statutory returns required under section 19 of the FAIS Act and other applicable subordinate legislation. [read post]
23 Apr 2024, 5:55 am
In case you as an FSP missed it, FSCA Communication 13 of 2024 (FAIS) updates FSPs on the manner and process for future submissions of annual financial statements and other statutory returns required under section 19 of the FAIS Act and other applicable subordinate legislation. [read post]
9 May 2016, 11:17 am
The December 2015 determination of the Ombud for Financial Service Providers in De Hoop Steenwerwe v Finmar Makelaars reminds us of the duties imposed on FSPs by the FAIS Act and the FAIS General Code. [read post]
25 Nov 2020, 12:34 pm
Effect of the draft Declaration The effect of declaring crypto assets as a financial product under the FAIS Act will be that – any person furnishing advice or rendering intermediary services in relation to crypto assets must be authorised under the FAIS Act as a financial services provider (FSP), and must comply with all the requirements under the FAIS Act; and any authorised person, including its representatives, must comply with the relevant… [read post]
1 Jan 2019, 8:02 am
“Old Acquaintances Help Us Remember History; Justice Holmes spoke of his Civil War service to his clerk, who relayed the story to me in the 1970s”: Fay Vincent has this essay online at The Wall Street Journal. [read post]
21 Jul 2011, 4:56 am
Fai is jailed pending a hearing on Thursday. [read post]
7 Dec 2011, 12:48 pm
” Fai, according to the Justice Department, repeatedly lied about how the council received money and the scope of his contacts with the Pakistani government, especially the Inter-Services Intelligence Directorate, or ISI. [read post]
10 Feb 2014, 12:00 am
ABSTRACT: Many transport and other service... [read post]
17 Feb 2009, 7:24 am
No sex charges for Harrods ownerHarrods owner Mohamed Al Fayed will not face charges over claims he sexually assaulted a 15-year-old girl, the Crown Prosecution Service (CPS) said.Whatever the pay off, it would not have been anything like the amount paid by Michael Jackson for silence... [read post]
16 May 2023, 3:55 am
On 19 October 2022, the FSCA published the final Declaration of a Crypto Asset as a Financial Product (Declaration) under the Financial Advisory and Intermediary Services Act, 2003 (FAIS Act) – see detail here. [read post]
13 Jul 2023, 4:57 am
During October 2022, the Financial Sector Conduct Authority (FSCA) declared crypto assets to be a financial product under the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act). [read post]
20 Oct 2022, 3:42 am
As such, financial services rendered in relation to crypto asset derivatives have always been subject to the FAIS Act. [read post]
31 Mar 2008, 5:11 am
“The coroner leading the inquest into the death of Princess Diana has said there is no evidence that Prince Philip, the Secret Intelligence Service or any other government agency had anything to do with the 1997 car crash that killed the Princess and her lover Dodi Fayed. [read post]
4 Jul 2020, 12:30 am
Their core service is screening and advising clients on how to hasten their death with inert gas. [read post]
22 Oct 2021, 3:05 am
In a draft declaration issued on 20 November 2020, the FSCA proposed to include crypto assets as a category of financial product under the Financial Advisory and Intermediary Services Act, 2002 (“FAIS”). [read post]
28 Jun 2023, 8:42 am
The Merchant Banking Exemption allows banks, mutual banks, branches of foreign banks or representative offices as defined in section 1(1) of the Banks Act, 1990, to provide financial services to those clients, without having to perform the services in the manner required by the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act). [read post]
3 Aug 2021, 2:10 am
The definition of “intermediary services” in the FAIS Act requires that fund managers obtain a Category II authorisation to provide discretionary investment management services. [read post]
4 Nov 2013, 7:15 am
JOHANNESBURG – The Financial Services Board (FSB) has found it necessary to comment on a circular issued by Sharemax director Dominique Haese. [read post]
30 May 2008, 6:27 am
Fulham FC Chairman Mohammed Al Fayed paid tribute to departing Brian McBride.I know I am talking a bit about McBride, but McBride's tenure saw him with the team as they earned promotion and remained in the Premier League. [read post]
