Zumicon: FSB investigation finds no insider trading linked to Gordhan recall
The FSB department of market abuse found no insider trading activity ahead of the recall of former finance minister Pravin Gordhan.
FSB
SAâs new stock exchange ZAR X & T+0 set for September launch
South Africaâs new, fast and affordable stock exchange ZAR X is on track for its official launch in September, ushering in the era of realtime or T+0 settlement.
Open letter to Gordhan: Reputations at stake – SARS, FSB need your attention
Allan Greenblo says there are two stars in South Africaâs financial firmament â South African Revenue Service and the Financial Services Board, and both are in need of Gordhan’s attention.
Allan Greenblo: A loud FSB silence – Annual Report oddities.
Allan Greenblo looks at reasons why the FSB annual report hasn’t been made public, and one things for sure, fireworks will be on order.
Allan Greenblo: Rosemaryâs FSB hunt. Twin Peakâs perfect timing for clean sweep
The âTwin Peaksâ financial regulation has not been implemented as of yet and Allan Greenblo asks if now is the right time, given Rosemary Hunter’s recent court application.
The Legal Details: How Belvedere kingpins believe Biznews defamed them
The Belvedere duo’s lawyer appears to believe his clientsâ innocence lies in our hands so is demanding Biznews publish a âprominent and fullâ retraction.
FSB: We’re working with offshore agencies on Kellermann
The FSB confirms that it is helping the offshore authorities in their investigations and has been engaging with Kellermann.
FSB’s Gerry Anderson on Fidentia kingpin’s 15 year jail sentence: Justice, and a warning
High Judge Veldhuizen initially sentenced Fidentia boss Brown to a R150 000 fine. The Appeal Court transformed that “wrist slap” into a 15 year jail term.
FSB suffocates R25bn BEE market
*By Riaz Gardee The recent FSB directives requiring trading platforms to apply for exchange licences have caused disarray amongst the over-the-counter BEE market. Trading volumes have plunged up to 30% since the FSB directive and Thembeka Capital has even ceased all trade since 31st July. BEE shareholders in these OTC counters have reason to panic … Read more
FSB begins audit after ex-CFO accused of graft
JOHANNESBURG (Reuters) – South Africa’s financial services regulator is carrying out an internal audit in response to allegations that its former chief financial officer extorted money from a local business by threatening to scrutinise its books. The Financial Services Board (FSB) said Dawood Seedat, who was its CFO for more than eight years, stepped down shortly after … Read more