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Postal codes: USA: 81657, Canada: T5A 0A7

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What does FAIS stand for?

Financial Advisory and Intermediary Services (Act, South Africa)


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government

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Samples in periodicals archive:
In South Africa hedge fund managers are regulated under the Financial Advisory and Intermediary Services Act.
In August 2007 the FSB, in cognisance of the many inexperienced hedge fund managers operating in the South African market, introduced Regulations under the Financial Advisory and Intermediary Services Act, 2002 (FAIS) governing the managers of hedge funds and funds of hedge funds.
Any advice regarding investment in the product is highly regulated by the Financial Advisory and Intermediary Services Act.

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