When does conduct spill over into financial advice?
What conduct constitutes financial advice and what would amount to negligent financial advice? So asks Christine Rodrigues, a partner at Hogan Lovells South Africa, in a recent commentary in FA News.
In Atwealth (Pty) Ltd & others v Kernick & others (28 March 2019), the Supreme Court of Appeal ...
Conduct of Financial Institutions (COFI) Bill looming large
As the CPD cycle in May 2019 draws tom a close, one is getting a clearer picture about the new approach that the Financial Sector Conduct Authority (FSCA) and National Treasury (Treasury) want to take when it comes to the conduct of the financial services industry, notes FA News. It notes ...
Quick Tip: foreign professional bodies & SA CPD activities: exemption provisions
A breath of fresh air! Albeit a bit late!
The South African Financial Services Authority (FSCA), has published what I will call a 'conditional' exemption from continuous professional development (CPD) requirements for members of foreign professional bodies. This is NOT a blanket exemption. It is however, an exemption ...
What happens when managers misbehave?