This blog was co-authored by Yuveshen Naidoo, Candidate Attorney.
On 23 December 2024, the Financial Services Tribunal upheld an FSP’s decision to debar its representative in terms of section 14(1) of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act) for breaching the “fit and proper” requirements under the FAIS Act. In
On 19 October 2022, the FSCA declared crypto assets as a financial product under the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act) as published in General Notice 1350 of 2022 (Declaration). Together with the Declaration, the FSCA also published FAIS Notice 90 of 2022 which contained a general exemption
This blog was co-authored by Julian Scholtz, Candidate Attorney.
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). The FSCA provided an update on 11 May 2023 and published the Exemption of Persons Rendering a