Vuwa is a member of the South African Venture Capital Association (SAVCA) and is registered with the Financial Services Board.
Vuwa is authorised in terms of the Financial Advisory and Intermediary Services Act (FAIS) by the Financial Services Board (FSB) to supply certain categories of financial services. The FSB has not placed any restrictions on the license of the provider and it is not subject to any special exemptions. In terms of the Financial Intelligence Centre Act (FICA) providers of financial services are obliged under certain circumstances to obtain client information and to report certain financial transactions.
|Key Individual||Martin Buchalter|
|Representatives||Lungisa Dyosi & Martin Buchalter|
|Memberships||South African Venture Capital Association|
|Liability Cover||Limit of liability: R5 million|
|Legal & contractual status||The provider is a company and an independent business. The provider does not represent any insurance company but has a mandatory agreement with Old Mutual. In terms of this contract certain restrictions and conditions apply to the provider.|
|Conflicts of interest||The provider and its representatives have no personal interest in the services delivered except for fees earned. The provider does not hold more than 10% shares in any insurance company. The provider has adopted a compliance policy and keeps a gift register that covers potential conflicts of interest. All policies are available for perusal at the provider’s offices. The provider does not place business at any insurer.|
|Claims procedure||The provider does not process any claims.|
|Compliance Officer||Johann Boshoff of Syncerus Business Solutions
Tel: 012 346 3820
Fax: 012 346 3926
The person responsible for complaints resolution is Martin Buchalter.The complaints policy may be obtained from the provider at its business address.