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Regulatory

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

BY MATTHEW WAI | MONDAY, 6 JAN 2025 12:02PM

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: ASIC, Sanlam Private Wealth, Sanlam Group, Bobbob, Sarah Court

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