The regulator countered it by citing the law. A collective investment scheme is a scheme wherein several individuals pool money for investing in a particular asset(s) and share the returns based ...

Most people saving for retirement have never heard of collective investment trusts (CITs), even ... much like a mutual fund, but with some important differences. CITs are not traded on the stock ...

The current proposals outlined in the discussion document concerning the tax treatment of CIS’s appear insufficient in ...

Both companies were in breach of the FIC Act aimed at combating money laundering and the financing of terrorism.

The initiative presents a profitable investment opportunity for local and international investors, promising returns ...

The Financial Sector Conduct Authority has slapped two financial firms for failing to fully comply with provisions of the FIC ...

The National Treasury's discussion document on the tax treatment of collective investment schemes (CIS), released on Wednesday, underscores future regulatory shifts anticipated under the draft ...

Apart from “assets in liquid form” the portfolio will consist solely of participatory interests in a single portfolio of a collective investment scheme operating in a territory outside South ...

You might be slapped with a tax bill in the current tax year and ... probably have to restore some of your savings to pay ...

An investment trust is a public, limited company that enables ordinary investors to access a portfolio of shares overseen by ...

GCB Capital Limited, a subsidiary of GCB Bank, has unveilled its Golden Eagle Unit Trust – a Collective Investment Scheme ...