Financial Advisory and Intermediary Services Act

This blog was co-authored by Akhona Kambule, Candidate Attorney.

In recent months, the idea of governments holding Bitcoin as a strategic reserve asset has been gaining significant attention. Countries, particularly in the Middle East and the United States, are exploring this shift, which could have major implications for global finance.

A strategic reserve traditionally consists

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

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