It should compel an intermediary to get the necessary authorisation from the Financial Services Board, FSB, before it starts rendering services. These intermediaries should comply with standards set by the regulators with regard to governance, transparency and disclosure requirements as supported by the comprehensive supervisory system of the inspection and surveillance compliance programme. The view is supported that relative to other consumer-orientated sectors, the financial services sector should be held to a higher standard with regard to market conduct and consumer protection.