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Financial Advisory and Intermediary Services Act 2002 (Act No. 37 of 2002)


Amendment of the Determination of Fit and Proper Requirements, 2020

Chapter 5 : Operational Ability

41. Representatives


(1) A representative of an FSP must have the operational ability to effectively function as a representative of the FSP or perform the activities for which that person was appointed.


(2) A juristic representative must at all times have at least one key individual responsible for managing or overseeing the financial services rendered by the representative.