The Financial Sector Conduct Authority (FSCA), issued the following new FAIS Notices:
FSCA FAIS Notice 20 of 2019
Amendment of Notices on Exemption of Particular Persons from Qualification, Regulatory Examination and Fees Requirements, No 3 of 2019
FSCA FAIS Notice 19 of 2019
Exemption of Marara Risk Solutions (Pty) Ltd ...
The Financial Sector Conduct Authority (FSCA) in a press release late last week said that it had noted recent allegations of racially discriminatory practices by First National Bank (FNB) – and possibly other banks - against home loan clients. They’ve also noted FNB’s response, and the North Gauteng High Court’s dismissal ...
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The Financial Sector Tribunal (FST) has updated its hearing schedule for March to June 2019. No fewer than 21 cases will be heard during this time.
Notes
1. Section 26B(9) of the Financial Services Board Act 97 of 1990, states the following:
'The appeal board must conduct its hearings ...
By Lee Rossini
The term ‘business strategy’ is well-used in a business context, however, it is often misunderstood and not applied in an effective manner. Simply put, a business strategy refers to the game plan that the owners and managers of a business uses to position themselves in the market, to conduct business operations, to attract and satisfy clients, to compete successfully in its chosen marketplace and to achieve its stated business objectives (Thomson and Strikland, 2003). In a nutshell, a business strategy focuses on the way in which a business gets from where it is to where it wants to be; the process involves identifying the right choices that must be made to overcome the challenges and difficulties along the way.
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