NEWS:

FEES PAYABLE TO THE REGISTRAR OF FINANCIAL SERVICES PROVIDERS
04/14/2015

Please note that the new Determination of Fees payable to the Registrar of Financial Services Providers, 2015, has been published and comes into operation on 25 April 2015.

It inter alia sets out the fees payable to the Registrar for licensing and matters incidental thereto, such as the application for approval of a key individual. It also sets out other types of fees, such as fees for extension and exemption applications and the fees payable to recognized representative bodies for the regulatory examinations.

Apart from increases to current fees, a fee (R 3860) will now also be charged for an application for the approval of an amendment to an approved mandate or an application for approval of an additional approved mandate. Previously no fee was charged for this. Another fee that has now been added for the first time is for the extension of submission of annual financial statements (R550).

A copy of the Gazette has been placed on the official website of the Financial Services Board and can be accessed through the following link:

https://www.fsb.co.za/Departments/fais/legislation/GovGazette/Government%20Notice%20R241.pdf

 

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