Legal challenges hampering FAIS Ombud's progress in finalising complaints – Oldacre/Bujok vs D Risk Insurance Consultants
The FAIS Ombud
Following a protracted legal battle in the above matters, the Financial Sector Tribunal dismissed the appeals with costs in a decision issued on 19 December 2018. What follows, is a summary of the decision.
During 2012, the Office made two determinations in respect of Mr & ...
Two FST decisions released this week
The Financial Services Tribunal (FST) at the Financial Services Conduct Authority (FSCA) has released two new decisions this week.
- Decision 1 - S NAIR v BROPRO regarding a failure to meet the competency requirements in terms of the Determination of Fit and Proper Requirements (Board Notice 194 of 2017). The order ...
FAIS Ombud determination summary – short-term insurance
The FAIS Ombud's Office
In the matter between Bongani Nxumalo and Central Financial Advisors (Pty) Ltd t/a Coler Financial Services Providers.
Mr Bongani Nxumalo, an adult male, whose full details are on file with this Office, lodged a complaint against Central Financial Advisors (Pty) Ltd t/a Coler ...
FST case summary involving D Risk Insurance Consultants CC