Associated Portfolio Solutions (Pty) Ltd and Another v Basson and Others (554/2019) [2020] ZASCA 64 (12 June 2020)

Flynote

Administrative Law – debarment of a representative and key
individual of a financial service provider under the Financial Advisory and Intermediary Services Act 37 of 2002 an administrative action – relevant facts established in a preceding disciplinary inquiry for misconduct may be taken into account in resolving to debar a representative – directors of financial service provider charged with the responsibility to debar representatives – some measure of institutional bias present and tolerated in this mode of regulation.


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