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Regulatory

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

Sanlam Private Wealth, the Australian arm of the South African Sanlam Group, has admitted to breaching licensee obligations by "failing to adequately supervise" its authorised representatives, following an ASIC investigation.

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Read more: ASICSanlam Private WealthSanlam GroupBobbobSarah Court