Commitment to Compliance
Property Protector Financial Services (Pty) Ltd and ooba Administration Services (Pty) Ltd (100% owned subsidiary companies of ooba) are authorized financial service providers in terms of section 8 of the Financial Advisory & Intermediary Services (FAIS) Act, 2002, operating under the licence no’s 216 and 46293.
Property Protector Financial Services and ooba Administration Services are authorized to conduct the following classes of insurance business.;
Long Term Insurance : Category A, B1, B2 and C;
Short Term Insurance : Category Personal Lines .
ooba, through its subsidiaries, Property Protector Financial Services and ooba Administration Services, are committed to ensuring compliance with all its obligations under the Financial Advisory & Intermediary Services Act and all other relevant regulatory requirements.
In accordance with the FAIS Act requirements, ooba is committed to ensuring that at all times, it renders financial services honestly, fairly, with skill, care and diligence, and in the interests of our clients and the integrity of the financial services industry.
If you have any queries regarding ooba's compliance policies, please do not hesitate to contact us.
Complaints Handling Process
The attached document deals with ooba's approach to dealing with client complaints, in line with the current FAIS legislation.
Conflict of Interest Policy
This policy outlines a suitable approach and response to the identification and management of conflicts of interest.