FAIS definition

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

Examples of FAIS in a sentence

  • I have made the disclosures required in terms of the Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS) and subordinate legislation thereto, to the investor/s.

  • Where the FSP has a Category II FAIS License and the Client has mandated the FSP/Representative to act on his/her behalf in terms of a discretionary mandate, a copy of the discretionary mandate must be provided.

  • I have made the disclosures required in terms of the Collective Investment Schemes Control Act and Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS) and subordinate legislation thereto, to the investor.

  • I/We have made the disclosures required in terms of the Collective Investment Schemes Control Act and Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS) and subordinate legislation thereto, to the investor.

  • The FAIS Act provides for penalties in the event that a person is found guilty of contravening the Act, or of non-compliance with the provisions of the Act.


More Definitions of FAIS

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 Act No. 37 of 2002 which was designed to protect customers of financial services providers; regulate the selling and advice-giving activities of FSP (FSPs); ensure that the consumers are provided with adequate information about the financial product they use and 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, 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;