The Financial Sector Conduct Authority has issued an administrative penalty of R700 000 against A2X (Pty) Ltd, enforcing its powers under section 167(1)(a) of the Financial Sector Regulation Act. According to the order, the alternative exchange must settle the fine within 30 days, failing which interest will accrue ...
Read More
By James George
As financial regulators worldwide intensify scrutiny on compliance and risk management, the past week has seen targeted enforcement measures across Australia, India and the United Kingdom. These actions underscore a global emphasis on anti-money laundering (AML) safeguards, operational integrity and asset protection amid evolving economic pressures. Below ...
Read More
By Lee Rossini
Understanding the basics of behavioural finance is essential when giving clients financial advice. While traditional finance assumes clients make decisions rationally, behavioural finance recognises that people are influenced by emotions, mental shortcuts and unconscious biases. These influences can lead clients to make decisions that conflict with their long-term financial interests. Understanding these behavioural tendencies is crucial – not only to support clients to make better choices, but also to improve engagement, trust and outcomes.
Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May 2025 deadline. View the CPD FAQs for more on accessing the CPD quizzes.
