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Ilifu Financial Services CC v Financial Sector Conduct Authority (A43/2022) [2023] ZAFST 31 (23 March 2023)

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FINANCIAL SERVICES TRIBUNAL

 

 

A43/2022

 

 

In the matter between:

 

ILIFU FINANCIAL SERVICES CC                             Applicant

 

and

 

FINANCIAL SECTOR CONDUCT AUTHORITY         Respondent

 

 

CONSENT ORDER

 

 

BY AGREEMENT between the parties, it is agreed that:

 

 

1.            The Respondent’s decision taken on 26 July 2022, to withdraw the Applicant’s license is set aside and referred back to the Respondent for further consideration in terms of section 234(1)(a) of the FSR Act.

 

2.            There is no order as to costs.

 

 

LTC HARMS

 

Deputy Chairperson 23 March 2023