The Financial Advisory and Intermediary Services (FAIS) Act regulates and guides how Financial Service Providers (FSPs) should conduct their business activities and everyday relations with their customers. All FSPs who give financial advice or provide intermediary services to their customers must comply with the FAIS Act and its accompanying secondary regulations. The accompanying regulations are issued in the form of Board Notices, from time to time, by the Financial Sector Conduct Authority (FSCA) and are equally binding. In this summary, we also highlight relevant Board Notices issued in terms of the FAIS Act.