the FAIS Act definition

the FAIS Act means the Financial Advisory and Intermediary Services Act, 2001 (Act No. 37 of 2002), as amended;
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the FAIS Act means the Financial Advisory and Intermediary Services Act, 2001 (Act No. 37 of 2002), as amended from time- to-time; 3.5 “Gross Written Premium”/ “GWP” means premium received by Pineapple on the incepted policy inclusive of any administration fees and VAT, but excluding any joining or initiation fees; 3.6 “Lead” means an individual record of data in respect of a natural person or juristic entity, obtained and distributed in line with South African legislation, and containing such information in respect of that person as the parties may agree to from time-to-time;
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Examples of the FAIS Act 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.

  • Depending on the service and Financial Instrument, the Company shall be subject to, among other things, as relevant, the FAIS Act of 2002, the Applicable Regulations and other codes of conduct and/or circulars applicable to the provision of relevant services issued by the FSCA or other relevant regulatory authority.

  • For the purposes of this agreement, AIMS may from time to time manage investments for the Investor consisting of financial products, as defined in the FAIS Act, specifically securities and instruments, and participatory interests in collective investment schemes.

  • Velocity Trade Financial Services has adopted and implemented a conflict of interest management policy that complies with the provisions of the FAIS Act.

  • The Unlimited does not provide Advice as defined in the FAIS Act as a feature of its business.

  • Velocity Trade Financial Services is an authorised financial services provider (FSP number 43295) in terms of Section 8 of the FAIS Act.

  • The administrative FSP approval permits AIMS to administer and provide intermediary services, as defined in the FAIS Act, in respect of certain financial products, on behalf of the Investor.

  • The Financial Services Board has duly authorised ▇▇▇▇▇▇ ▇▇▇▇▇▇ to act as key individual and representative to render financial services as defined in terms of the FAIS Act in respect of the financial products listed above.

  • Basis of Advice The Unlimited does not provide Advice as defined in the FAIS Act as a feature of its business.