Financial Services Tribunal ('FST' or 'the Tribunal')
Parties: Hlatshwayo v Financial Sector Conduct Authority (Case number: A21/2026)
Date: 23 September 2026
Fast facts
Unlicensed collection and investment of members' contributions by an investment club is a financial service under the FAIS Act. An administrative penalty under s 167 ...
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By Compli-Serve
Court overturns Equality Court disclosure order in Sekunjalo-linked banking dispute
The Supreme Court of Appeal has set aside an Equality Court order that would have required the Financial Intelligence Centre (FIC) to disclose extensive confidential information, including bank Risk Management and Compliance Programmes (RMCPs), suspicious and unusual transaction ...
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Western Cape High Court
Parties: Geldenhuys v Santam Limited and Another
Judgment: 22 September 2026
Keywords: Interim interdict – prima facie right – standard of proof – Olympic approach – Webster and Gool approach – American Cyanamid test – fraud listing – Southern African Fraud Prevention Service – insurance ...
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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'.
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