Here’s an article published by Moonstone Information Refinery (an independent support network for Financial Service Providers) on what recent authority decisions might mean as regards the SARB’s close-down of the property syndication investment industry and the possible effect on FAIS Ombud complaints lodged, whether finalised or yet to be finalised. It seems though that the Ombud is going to “wait and see” what transpires from any or all of the authorities involved before making any decisions

<www.moonstone.co.za/fais-ombud-answers-our-questions-about-sharemax -determinations/> www.moonstone.co.za/fais-ombud-answers-our-questions-about-sharemax- determinations/
(Available in English only)

Hier is ‘n artikel gepubliseer deur Moonstone Information Refinery (‘n onafhanklike ondersteuningsnetwerk vir finansiële diensverskaffers) oor wat onlangse owerheidsbesluite kan beteken met betrekking tot die SARB se sluiting van die eiendomsindikasiebeleggingsbedryf en die moontlike uitwerking op FAIS Ombud-klagtes wat ingedien is, of dit nou afgehandel is. of nog afgehandel moet word. Dit blyk egter dat die Ombud gaan “wag en sien” wat van enige of al die betrokke owerhede gebeur voordat enige besluite geneem word

Het u in die verlede by ons geregistreer (LET WEL: by ons, dws; Nova Skuldbrief Krediteure Aksiegroep – NIE, Nova Property nie) maar ontvang nie ons News Alert e-posse nie?

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Dankie

Have you registered with us (NOTE: with us, ie; Nova Debenture Creditors Action Group – NOT, Nova Property) in the past but have not been receiving our News Alert emails?

This may be because of non-delivery of same. Each time that our server generates new mails, there are always subsequent non-delivery return messages

If this situation applies to you, please email us at info@ndcag.co.za <mailto:info@ndcag.co.za> , giving your full name and ID # so that we can check our membership archive details and address you on any discrepancies

Thank you

(An Afrikaans text version has also been posted)

Please note that English is the official language for all court records. Likewise, it is also the communication norm in the business environment. Articles taken from English web sites will be available here in English only. The same applies to articles and documents originally published in Afrikaans which will be available in that language only

1. the CIPC Compliance Notice restricting Nova activity

This link will take you to a media release on the matter. At the bottom of the text there is a link: COMPLIANCE NOTICE ISSUED TO NOVA PROPGROW GROUP HOLDINGS LTD which will open a pdf document containing the full text of the Compliance Notice

2. Nova’s response – published in their web site:
(this is also a pdf document that requires downloading to read)

3. A Moneyweb article on this development

4. A Moonstone article looking, primarily, at Nova’s issues with the Compliance Notice (Moonstone is a financial services regulatory compliance and licensing solutions service provider)

(An English text version will also be posted)

Neem asseblief kennis dat Engels die amptelike taal vir alle hofrekords is. Net so is dit ook die kommunikasienorm in die sake-omgewing. Artikels wat uit Engelse webwerwe geneem is, sal slegs in Engels hier beskikbaar wees. Net so sal artikels en dokumente wat oorspronklik in Afrikaans gepubliseer is, slegs in daardie taal beskikbaar wees

1. Die CIPC-nakomingskennisgewing wat Nova-aktiwiteit beperk

Hierdie skakel sal jou na ‘n mediaverklaring oor die aangeleentheid neem. Onderaan die teks is daar ‘n skakel: COMPLIANCE NOTICE ISSUED TO NOVA PROPGROW GROUP HOLDINGS LTD wat ‘n pdf-dokument sal oopmaak wat die volledige teks van die Voldoeningskennisgewing bevat

2. Nova se reaksie – gepubliseer op hul webwerf
(hierdie is ‘n pdf-dokument wat afgelaai moet word om te kan lees)

3. ‘n Moneyweb-artikel oor hierdie ontwikkelings

4. ‘n Moonstone-artikel wat hoofsaaklik na Nova se kwessies met die Nakomingskennisgewing kyk (Moonstone is ‘n diensverskaffer van finansiële dienste regulatoriese voldoening en lisensiëring oplossings)