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Brite Advisors gets South Africa licence restored | International Adviser

Brite Advisors gets South Africa licence restored | International Adviser
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Brite Advisors South Africa will continue to service its investor client base under fsca-approved financial services provider licence, after regulator acts against legacy firm acquired by Brite in 2019

Brite Advisors SA will continue to offer investment advice to the South African market under a “clean” Financial Services Provider (FSP) licence granted to the firm by the Financial Sector Conduct Authority (FSCA) in 2021

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Local fund manager formed from deVere group companies to appeal R10m fine

Fund manager Brite Advisors South Africa says it will approach the Financial Services Tribunal after it was fined R10 million and had a financial services provider licence withdrawn by SA's financial regulator.

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FSCA fines Brite Advisors, withdraws its FSP licence

Administrative penalties against the group and a former director total R12.5m.

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Nigel Green fined and banned for five years in South Africa

South Africa's Financial Sector Conduct Authority (FSCA) has fined Brite Advisors South Africa ZAR 10m (£510,000) and deVere Group chief executive Nigel Green ZAR.

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