South Africa’s removal from the Financial Action Task Force (FATF) grey list was an important achievement, but it should not be mistaken for the end of the country’s AML/CFT reform journey. Writing in Business Day, Professor Justin de Swardt of Synarch warns that South Africa could find itself under ...
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By Compli-Serve
Two Financial Services Tribunal decisions provide useful and contrasting guidance on representative debarments. One confirms that dishonesty may arise from an undisclosed interest in a dormant business; the other shows that even potentially serious misconduct cannot rescue a procedurally defective debarment.
No new binding FAIS, FIC, CASP, exchange-control ...
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A UK judge has criticised a litigant for filing an 'entirely unacceptable' 300-page skeleton argument generated using ChatGPT, highlighting the risks of relying on artificial intelligence without proper human oversight. A Law Gazette report says the appellant in Hancox v Sutherland & Ors submitted a document of almost 132 000 ...
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By Lee Rossini
In a competitive financial advice industry, clients have many providers to choose from. A clear unique selling proposition (USP) assists a financial advice business to communicate why clients should consider its services and what makes its approach distinctive and more attractive than its competitors. A well-developed USP gives the business a clear identity, helps attract the right clients and provides a consistent message across marketing and client communications.
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.
