Browsing: Regulatory Law

A Takealot advert led a buyer to believe he was purchasing a genuine Samsung Galaxy A56 supported in South Africa, only to receive a Moroccan grey import instead.

The Advertising Regulatory Board has banned a Teazers billboard that portrayed CEOs as sexually entitled, ruling it harmful to public trust and business leadership.

FSCA holds Uzuko Funeral Services directors accountable after unlicensed funeral policies put clients at risk, transferring all policies to a licensed provider.

A lawyer who admitted misusing R500 000 in client trust funds has escaped removal from the profession, but now faces years of supervision, therapy and a total ban on handling money.

TK Thooe’s pension was partially paid without his consent. The PFA has ordered the SACCAWU National Provident Fund to reverse the tax and transfer his full fund credit according to his election.

FSCA and PA release inaugural report on AI in South African finance, warning of risks while banks expand adoption.

EFI Removals advertised “Risk Insurance” but could not prove coverage after a customer’s television was damaged. The ARB ordered the claim withdrawn and banned it from future advertising.

The Financial Services Tribunal set aside the debarment of Bonginkosi Nyembezi by Outsurance, citing serious disputes of fact and lack of supporting evidence, and remitted the matter for reconsideration.

The Mpumalanga High Court has overturned an order for the release of withheld matric results, ruling that learners failed to exhaust required internal appeals before approaching the court.

APRAV calls for urgent action over a five-point plan inside the RAF that allegedly misrepresented finances and obstructed claims, supported by affidavit evidence submitted to SCOPA.