NFO ruling: expired professional driving permit does not void insurance claim
The National Financial Ombud Scheme South Africa rules that an expired Professional Driving Permit does not justify an ...
MFs to deploy NFO funds within 30 days of allotment from April 1: How will this benefit AMCs?
Markets regulator Sebi on Thursday made it mandatory for asset management companies to deploy money collected from investors ...
Daily Maverick on MSN10h
National Financial Ombud Scheme recovers R416m for consumers
The National Financial Ombud Scheme marked its first anniversary last week, having dealt with 40,859 cases over the past year.
The Citizen2d
Financial Ombud Scheme puts almost R500m back in South Africans’ pockets
Since its inception on 1 March last year, the Financial Ombud Scheme dealt with 40 859 cases and refunded consumers an amount of R416.02 million.
Sportstar1d
Nottingham Forest vs Manchester City Highlights, Premier League 2024-25: Late Hudson-Odoi goal gives home side win over defending champs
Catch the live updates from the Premier League encounter between Nottingham Forest and Manchester City played at the City ...
Mutual funds will now have to deploy NFO proceeds within 30 days: Sebi rule effective from April 1
Sebi mandates AMCs to deploy NFO funds within 30 business days from April 1, 2025. Investment committees may extend this once ...
Mint10d
Sebi directs mutual funds to deploy NFO fund within 30 days of allotment
"The AMC shall deploy the funds garnered in an NFO within 30 business days from the date of allotment of units," it added. In ...
Financial recourse for consumers
One year on and the National Financial Ombud Scheme has helped thousands of consumers locked in disputes with companies.
Bizcommunity5d
Making a significant difference in the lives of South Africans
Consumers and companies within the financial services sector gained access to a single body that was able to address all ...
Sebi sets 30-day deadline for mutual funds to deploy NFO corpus
The Securities and Exchange Board of India (Sebi) has mandated mutual funds (MFs) to deploy the corpus collected during the ...
Daily Maverick4d
Financial justice served: National Financial Ombud Scheme recovers R416m for consumers
The National Financial Ombud Scheme (NFO) marked its first anniversary this week, having dealt with 40,859 cases and having recovered R416-million for consumers over the past year.