This is an important reminder of the payments due for the FSB and FAIS Ombud levies.

Please remember that in terms of Section 16(1)(b) of the Financial Services Board Act of 1990, the operational costs of the Board are funded by levies and fees.

A special debit order run will be held on Thursday, 15 October 2015, to collect your pro-rata contribution towards this expense.

For further information, please refer to our article on the annual Financial Services Board levies and FAIS Ombud levies in the August issue of Heads-Up or feel free to contact us.