WebDiscretionary FSPs, 2003. A discretionary FSP renders intermediaryservices ofadiscretionary nature as regards the choice ofa particularfinancial product referred … Webbuying, selling or dealing in (discretionary or non-discretionary basis) financial products; administrating any financial product maintaining or servicing a financial product e.g. the nomination of a beneficiary on a policy or updating bank details; Consumers/clients Include: Natural Persons (individual) Natural person acting on behalf of ...

Discretionary - Definition, Meaning & Synonyms Vocabulary.com

WebA discretionary FSP renders intermediary services of a discretionary nature as regards the choice of a particular financial product referred to in the definition of ‘administrative … WebExample FSP 31-1 in FSP 31.4.2 was added to illustrate the differences between the equity method of accounting and accounting for investments in consolidated subsidiaries in … shellworth chevrolet

FAIS Financial Products Categories and Sub-Categories- RE5 ... - StuDocu

WebFor example, if a share is trading at $10, and the exercise price is $5, the grantee can purchase a share at $5 and sell at $10 in the open market, resulting in a $5 profit per unit. The window of time that a grantee can exercise the option is referred to as the term. Most companies grant options with 10-year terms. http://www.fais-compliance.co.za/doc/FSP7.pdf WebFeb 5, 2016 · Specifically, we're going to use prediction models to try to predict how the financial statements would look if there were no manipulation by the manager. First, we’ll look at Discretionary Accruals Models, which try to model the non-cash portion of earnings or "accruals," where managers are making estimates to calculate revenues or expenses ... shell worms ludwigstraße