Incidents indicating when persons are not honest, or lack integrity or good standing.

[Audio] Incidents indicating when persons are not honest or lack integrity or good standing. Any of the following constitutes clear-cut evidence that a person does not qualify in terms of honesty integrity and good standing: The person: (a) has been found guilty (and that conviction has not been expunged) in any criminal proceedings or liable in any civil proceedings by a court under any law in any jurisdiction of: (i) an offence under a law relating to the regulation or supervision of a financial institution as defined in the Financial Institutions (Protection of Funds) Act 2001 (Act No. 28 of 2001) or a corresponding offence under the law of a foreign country; (ii) theft fraud forgery uttering a forged document perjury or an offence involving dishonesty breach of fiduciary duty dishonourable or unprofessional conduct; or (iii) an offence under the Prevention of Corruption Act 1958 (Act No. 6 of 1958) the Corruption Act 1992 (Act No. 94 of 1992) or Parts 1 to 4 or section 17 20 or 21 of the Prevention and Combating of Corrupt Activities Act 2004 (Act No. 12 of 2004) or a corresponding offence under the law of a foreign country; (b) has been convicted (and that conviction has not been expunged) of any other offence committed after the Constitution of the Republic of South Africa 1996 took effect where the penalty imposed for the offence was or may be imprisonment without the option of a fine or a significant fine; (c) has accepted civil liability for or has been the subject of a civil judgment in respect of theft fraud forgery uttering a forged document perjury or an any conduct involving dishonesty breach of fiduciary duty misrepresentation or negligent dishonourable and unprofessional conduct; (d) has been the subject of frequent or material preventative remedial or enforcement actions by the Registrar or a regulatory authority; (e) has been removed from an office of trust for theft fraud forgery uttering a forged document misrepresentation dishonesty breach of fiduciary duty or business conduct; (f) has breached a fiduciary duty; (g) has been suspended dismissed or disqualified from acting as a director managing executive public officer auditor or statutory actuary (or his or her alternate) under any law or any action to achieve one of the aforementioned outcomes has been instituted against the person; (h) has been refused a registration approval authorisation or licence to carry out a trade business or profession or has had that registration approval authorisation or licence suspended revoked withdrawn or terminated by a regulatory authority;.

[Audio] Incidents indicating when persons are not honest or lack integrity or good standing continued…. Any of the following constitutes clear-cut evidence that a person does not qualify in terms of honesty integrity and good standing: The person: (i) has been denied registration or membership of any professional body or has had that registration or membership revoked withdrawn or terminated by a professional body because of matters relating to honesty integrity or business conduct; (j) has been disciplined reprimanded disqualified or removed in relation to matters relating to honesty integrity incompetence or business conduct by a: (i) professional body; or (ii) regulatory authority or any action to achieve one of the aforementioned outcomes has been instituted againstthe person; (k) has knowingly been untruthful or provided false or misleading information to or been uncooperative in any dealings with the Registrar or a regulatory authority; (l) has demonstrated a lack of readiness and willingness to comply with legal regulatory or professional requirements and standards; (m) has been found to be not fit and proper by the Registrar or a regulatory authority in any previous assessments of fitness and propriety and the reasons for being found not fit and proper have not been remedied; (n) has been involved or is involved as a director trustee member partner controlling shareholder or managing executive or is concerned in the management of a business that has been: (i) the subject of any matter referred to in subparagraphs (a) (b) (c) (d) (f) (h) (j)(ii) (k) (1) (m) or (o); or (ii) placed in liquidation or business rescue; while that person has been connected with that organisation or within one year of that connection; or (o) has failed to disclose information required to be disclosed in terms of the Act including a failure to disclose information..