FAIS definition

FAIS means the Financial Advisory and Intermediary Services Act, No. 37 of 2002.

Examples of FAIS in a sentence

  • Our products must qualify as financial products, as contemplated by the FAIS Act.

  • We may not provide business under a name not changed in accordance with the provisions of the FAIS Act.

  • It is therefore important to ensure that the FAIS Information Circulars are monitored continuously for this type of information.

  • THE FAIS OMBUDSMAN Telephone012 762 5000 Fax012 348 3447 Faxinfo@faisombud.co.za Websitewww.faisombud.co.za The FAIS Ombud deals with the complaints against the conduct, service or advice provided by a financial services provider.

  • The simple fact of the matter is that this is a professional exam which determines the competency of financial advisers of applying the FAIS Act, which came into being to ensure the protection and fair treatment of clients.


More Definitions of FAIS

FAIS means the Financial Advisory and Intermediary Services Act No. 37 of 2002 (as amended) which was designed to protect customers of financial services providers; regulate the selling and advice-giving activities of FSPs; ensure that the consumers are provided with adequate information about the financial products they use and about the people and institutions who sell these financial products and establish a properly regulated financial services profession.
FAIS means the Financial Advisory and Intermediary Services Act, 37 of 2002 (as amended) or its successor and subordinate legislation.
FAIS means the Financial Advisory and Intermediary Services, 37 of 2002, as amended from time to time, and all regulations published in accordance therewith;
FAIS means the Financial Advisory and Intermediary Services Act (Act No. 37 of 2002); “FICA” means the Financial Intelligence Centre Act (Act No. 38 of 2001) and its regulations; “FMA” means the Financial Markets Act (Act No. 19 of 2012);
FAIS means the Financial Advisory and Intermediary Services Act (Act No. 37 of 2002); “FICA” means the Financial Intelligence Centre Act No. 38 of 2001 and its regulations; “JSE” means the JSE Limited;