Financial services board
South African tax ruling may just be stay of execution, brokers warned
Original headline:
Source: Risk magazine
South African brokers are celebrating victory in a dispute over taxes on equity trades, but their relief may be short-lived. The National Treasury has reaffirmed its desire for a stricter regime to be...
Published online only
Source: Risk magazine
Firm proposals for regulating South African hedge funds are due by mid-2010. But some managers question the need for more regulation.
Published online only
Source: Risk magazine
The South African Financial Services Board (FSB) expects to produce final recommendations on the regulation of hedge funds by mid-2010, says Bert Chanetsa, Pretoria-based deputy executive officer for investment...
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More Financial services board articles
FSB raises concerns about South African hedge funds
Published online only
Source: Risk magazine
In its efforts to licence the country's hedge fund managers, the South African Financial Services Board (FSB) has found problems with mandate compliance, levels of professional indemnity cover and the use of external business partners.
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