Two Financial Services Tribunal decisions delivered on 23 September 2026 have clarified both the reach of FAIS and the limits of the FSCA’s administrative penalty powers. In Simiso Anthony Manatha v Financial Sector Conduct Authority and Ephraim Nqobi Hlatshwayo v Financial Sector Conduct Authority, the Tribunal confirmed that pooled ...
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By Compli-Serve
AI, cyber risk, crypto assets, financial crime and increasingly sophisticated regulatory supervision are changing what South African financial institutions should expect from their compliance functions. The compliance officer of the future will need to understand far more than the rules.
Recent discussions at the Association for Financial Markets ...
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By Lee Rossini
For many financial services firms, converting client awareness into action can be challenging. Clients may recognise the importance of saving, investing and planning for the future, yet they remain passive, holding cash, delaying decisions or using only a fraction of the services available to them. The opportunity is to create a journey that moves people from 'I know I should do something' to 'I have a plan, and I am acting on it'.
Read more...Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May deadline. View the CPD FAQs for more on accessing the CPD quizzes.
