New licensing framework likely for financial advisors
Uncertainty over the future of financial advisors in South Africa is gradually lifting – and it’s clear that change is in store.
“It’s inevitable that currently...
Francisco Khoza
Francisco joined ABSA Wealth and Investment Management as General Counsel in 2017. He was previously a partner and the head of the Banking and Finance Department at Bowmans. Francisco has also worked at Linklaters LLP in London and is ranked as a recommended investment funds lawyer by Legal 500 in both 2015 and 2016.
Intrusive focus on politically exposed persons
The subject of politically exposed persons has been receiving a lot of media attention in the South Africa. Unfortunately what is lost in the current...
Blockchain revolution and financial regulation in South Africa
The provision of banking and financial services in South Africa is a highly regulated activity and the revolutionary Fintech (financial technology) is posing a significant...
FICA Bill has cast the net wider when defining “Politically Exposed Persons”
In March 2013, the South African Financial Intelligence Centre (FIC) issued FIC Guidance Note 3A for Accountable Institutions on Customer Identification and Verification and Related...
