| 11/6/2019 | Section 53 (2) of the LTIA, Rule 5.1 (a) (i) of the Policyholder Protection Rules, read with section 7 (3), 13 (3) and 13 (2) (b) of the Financial Advisory and Intermediary Services Act, 37 of 2002
| | Administrative Penalty of R300 000 for a contravention of section 53 (2) of the Long-term Insurance Act, 52 of 1998;
Administrative Penalty of R250 000 for the contravention of Rule 5.1 (a) (i) of the Policyholder Protection Rules, read with section 7 (3), 13 (3) and 13 (2) (b) of the Financial Advisory and Intermediary Services Act, 37 of 2002.
An amount not less than R100 000 to be paid to 33 affected policyholders in terms of a directive issued in terms of section 144 of the Financial Sector Regulation Act, 9 of 2017.
| Copy of Order |
| 10/22/2019 | Section 153(1)(a) of the Financial Sector Regulation Act, 2017 (FSRA)
| | | Copy of Order |
| 10/2/2019 | Section 4 of the Collective Investments Schemes Control Act, 45 of 2002 and Board Notice 90 and 92. | MET Collective Investments (Pty) Ltd | Administrative penalty: R100 million | Copy of order |
| 9/16/2019 | Section 90 of the Financial Markets Act, 19 2012 | 4 AFRICA EXCHANGE (Pty) Ltd (4AX) | Administrative penalty: R30 000 | copy of order |
| 9/12/2019 | Section 81 of the Financial Markets Act, 19 of 2012 | Steinhoff International Holdings NV | Administrative Penalty: R1.5 billion remitted to R53 million | Copy of Order |
| 5/27/2019 | Section 73(3) of the Collective Investment Schemes Control Act, 45 of 2002
| Community Growth Management (Pty) Ltd
| Administrative penalty R10 000
| Copy of Order |
| 5/17/2019 | Section 13(1)(b)(I)
of the Financial Advisory and Intermediary Services Act, 37 of 2002
| | Administrative
penalty R10 000
| Copy of Order |
| 4/30/2019 | Rules 5(8), 5(11) and
5(12) of the Credit Rating Agency Rules
| Global Credit Rating
Co. (Pty) Limited (Global)
| Administrative Penalty R 487 000 inclusive of costs
| Copy of Order |
| 4/24/2019 | Section 3(2) of the
Credit Ratings Act, 24 of 2012
| NKC African Economics
(Pty) Ltd
| Administrative Penalty R300 000
| Copy of Order |
| 4/16/2019 | Section 65 (3) of the
Collective Investment Schemes Control Act, 45 of 2002.
| 36ONE Asset
Management (Pty) Limited
| | Copy of Order |
| 12/13/2018 | Paragraph 1(i) of schedule 1 of the CISCA (read with Section 97 of the CISCA) | Stanlib Collective Investment (RF)(Pty) Limited | R500 000 Administrative Penalty | Copy of Order |
| 10/12/2018 | Contravention of the following contraventions of the FIC Act: Section 43B(1) of the FIC Act;Section 21(1)(a) of the FIC Act; Regulation 24(4) of the Regulations promulgated in terms of GNR1595 in GG 24176 of 20 December 2002. | SATRIX MANAGERS (Pty) Limited | R60 000 Administrative Penalty | Copy of Order |
| 10/4/2018 | Section 76(1) of the Securities Services Act, No 36 of 2004 | Harmony Gold Mining Company Limited | Administrative Penalty R30 million Inclusive of costs | Copy of Order |
| 9/20/2018 | Section 13(2)(a)of the Financial Advisory and Intermediary Services Act,37 of 2002
| Bayport Financial Services 2010 (Pty) Ltd
| Administrative Penalty R500 000
| Copy of Order |
| 8/14/2018 | Section 4(2)(a) of the Financial Markets Act, 2012 | Shepherd Bushiri Investments (Pty) Ltd | R50 000 Administrative penalty | Copy of Order |
| 4/5/2018 | | Novare Collective Investment Schemes | R30 000 Administrative Penalty | Copy of Order |
| 3/15/2018 | Section 7 (1) of the Financial Advisory and Intermediary Services Act, 37 of 2002 | Dell Computer (Pty) Limited | R100 000Administrative penalty | Copy of Order |
| 2/19/2018 | Section 106(a) of CISCA read with paragraph 5(3)(j) of Board Notice 92 of 2014 | Prime Collective Investment Schemes Management Company (RF) (PTY) LTD | Administrative Penalty R30 000 Inclusive of costs | Copy of Order |
| 12/14/2017 | Section 81 (1) of the Financial Markets Act, 19 of 2012 | Cargill RSA (Pty) Limited | R362 000Administrative Penalty | Copy of Order |
| 12/7/2017 | Section 4 (4)(a) of the Collective Investment Schemes Act, 45 of 2002. | H4 Collective Investments (RF) (Pty) Limited | Administrative PenaltyR20 000 | Copy of Order |
| 12/4/2017 | Rule 5.1 (a)(i) of the Policyholder Protection Rules (Long-Term Insurance) | Avbob Mutual Assurance Society | Administrative PenaltyR100 000 Inclusive of costs | Copy of Order |
| 10/23/2017 | Section 80 (1) (a) read with 80 (3) (a) of the Financial Markets Act, 19 of 2012 | James George Witheridge Gubb | Administrative Penalty: R100 000 | Copy of Order |
| 10/23/2017 | Section 7(1) of the Financial Advisory and Intermediary Services Act, 37 of 2002 | Refinery 5 (Pty) Limited | Administrative Penalty:R20 000 | Copy of Order |
| 10/20/2017 | Section 75 (prohibited trading practices) of the Securities Services Act, No. 36 of 2004 | Hanno Van Dyk | Administrative Penalty: R750 000 | Copy of Order |
| 7/11/2017 | Section 7(1) of the Financial Advisory and Intermediary Services Act, 37 of 2002 | Mzala & Company (Pty) Limited | Administrative Penalty:R20 000 | Copy of Order |
| 6/29/2017 | Section 7(1) of the Financial Advisory and Intermediary Services Act, 37 of 2002 | Nyadombo Tendai | Administrative Penalty:R40 000 | Copy of Order |
| 6/15/2017 | Rules 16.1(C)(ii)and(iii) of the Policyholder Protection Rules (Long-Term Insurance),2004, issued in terms of Section 62 of the Long-Term Insurance Act,No.52 of 1998. | The Smart Life Insurance Company LTD | Administrative Penalty:R150 000 | Copy of Order |
| 6/8/2017 | Section 4 (4) (a) of the Collective Investment Schemes Act, 45 of 2002 | MET Collective Investments (RF) (Pty) Limited | R20 000 Penalty | Copy of Order |
| 4/13/2017 | Section 49 of the Long-Term Insurance Act No. 52. Of 1998 & Rules 16.1(c)(iii) and (v) of the Policyholder Protection Rules, 2004, issued in terms of Section 62 of the Long-Term Insurance Act, No. 52 of 1998 | Assupol Life Limited | Administrative Penalty:R500 000 | Copy of Order |
| 4/10/2017 | Section 65 of the Collective Investment Schemes Act,45 of 2002 | Iza Wealth (Pty) Limited | R50 000 Administrative Penalty | Copy of Order |
