Tag: fines

Prudential authority fines Absa R10 million for FICA non-compliance

The Prudential Authority has already fined other South African banks, such as…

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EU fines Apple and Meta millions for digital violations

EU spokesperson Thomas Regnier said both Apple and Meta have 60 days…

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FSCA fines African Bank R700 000 for misleading advertising [VIDEO]

By telling customers that a personal loan was an investment—not debt—African Bank…

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Tribunal fines car repairer R100 000 for being ‘dishonest and contemptuous’

After forking out R77 000 for car repairs, almost two years later…

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FSCA fines 3 financial services providers R1.2 million for Fica non-compliance

Fica was proclaimed to help combat money laundering, the financing of terrorism…

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Tribunal fines car dealer and home renovator for not respecting consumers’ rights

The car dealer and home renovator must also refund the consumers who…

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FSCA fines funeral home R11.4 million and debars owners for decades

Conducting financial services or insurance business without a licence is a criminal…

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FSCA fines moving firm R1.1 million for offering insurance unauthorised

Nobody is allowed to offer financial services and insurance if they are…

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Tribunal fines used car dealer R100 000 for disregarding consumer’s rights

Another used car dealer found out the hard and expensive way at…

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FSCA dishes out fines for R2.1 million, R1.6 million and R200 000

The R2.1 million fine is for trading without being registered as a…

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