Please take note of the following updates in the
From the FSCA...
A guidance note
in terms of section 141 of the Financial Sector Regulation
Act, 2017 has been published.
This note is to
provide guidance on the requirements in terms of the FAIS Act
pertaining to the lapsing of a licence issued in terms of the
FAIS Act and the duties of the financial services providers,
any key individual of the FSP, or another person in control
of the affairs of the FSP. It will also deal with the effect
of non-compliance with the requirements of the FAIS Act in
relation to the lapsing of licences.
This Draft Conduct
Standard outlines the principles and the fit and
proper requirements that CIS managers must comply with. The
purpose of the communication is to inform stakeholders about