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Wrong email address leaves FSP unable to pursue debarment – Moonstone Information Refinery

Summary by Moonstone
Sanlam Developing Markets Limited could not have its debarment decision sent back for reconsideration after the Financial Services Tribunal found that, in the circumstances, sending its notice of intention to debar had not commenced proceedings against the former representative and the statutory six-month period had expired. In its decision dated 10 September 2026, the Tribunal set aside the debarment because the applicant had not received notic…
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Moonstone broke the news on Monday, September 21, 2026.
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