South Africa's Financial Services Board (FSB) has issued a public warning against conducting financial services business with TradingBanks, an offshore FX firm, purporting to be a registered entity. The regulator notes that TradingBanks is not authorised to render financial services in South Africa and is not a representative of an authorised financial services provider as…
Read moreSouth Africa's Financial Services Board (FSB) has just published its Annual Report for the fiscal year to March 31, 2015, providing some key numbers regarding the oversight of financial service providers (FSPs), a group which includes investment intermediaries such as Forex brokers. The regulator reported that its Financial Advisory and Intermediate Services (FAIS) division authorized…
Read moreLeapRate Exclusive... LeapRate has learned that ACM Gold, one of South Africa's leading retail forex brokers, has had its license reinstated by South African financial regulator, the Financial Services Board (FSB). LeapRate was first to report that ACM had its FSB license suspended to 'provisionally withdrawn' by South African financial regulator the Financial Services Board (FSB) back on August…
Read moreThe Financial Services Board (FSB) says the company is not authorized to offer any financial advice and intermediary services in South Africa.
Read more