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Mthuthuzeli Financial Group CC v Financial Sector Conduct Authority (A16/2024) [2024] ZAFST 39 (24 July 2024)

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FINANCIAL SERVICES TRIBUNAL

 

A16/2024

 

In the matter between:

 

MTHUTHUZELI FINANCIAL GROUP 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 11 June 2024, 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

Chairperson

24 July 2024