Legal (ZA)

Legal disclosure

1. The Financial Advisory and Intermediary Services Act, 2002

Pet Rock Digital Asset Management (PTY) Ltd (‘PRDAM’) is an authorised Financial Services Provider (FSP 52536) registered with the Financial Sector Conduct Authority (FSCA) in terms of the Financial Advisory and Intermediary Services Act, 2002.

The information provided in this document does not constitute investment, financial or other advice nor does it represent financial advice as contemplated in terms of the Financial Advisory and Intermediary Services Act, 2002. Independent professional financial advice should always be sought before making an investment decision.

No information contained on this website should be construed, or relied upon, as advice. If you require financial and/or investment advice, please engage the services of an independent financial adviser.

2. Treating Clients Fairly Policy

PRDAM is committed to rendering financial services in the best interest of the client. The Treating Clients Fairly (TCF) policy ensures that PRDAM understands the importance of conducting financial services in a manner that will demonstrate the TCFs outcomes.

For more details about PRDAM’s Treating Clients Fairly policy, please follow the link here.

3. Complaints Management Policy

PRDAM prides itself on being customer-centric and values the importance of addressing and dealing with complaints in a timely and fair manner and monitoring and improving its service delivery.

For more information about PRDAM’s Complaints Management Policy, please follow the link here.

PRDAM encourages clients to address complaints, queries, and concerns to us at:
E-mail: compliants@petrockinvest.com

Postal Address: Suit 405, 42 Keerom Street, Cape Town, 8001.

If a complaint is not resolved to the client’s satisfaction, he or she is entitled to contact the relevant Ombud to adjudicate the matter:

The Office of the Ombud for Financial Service Providers
For “A step-by-step guide to lodging a complaint with the Office of the Ombud” follow the link here.
Address: PO Box 74571,
Lynwood Ridge,
0040

Telephone: 012 762 5000
Sharecell: 086 066 3274
Email: info@faisombud.co.za
Website: www.faisombud.co.za

4. Conflict of interest Management Policy

PRDAM demonstrates its commitment to mitigating the risk of conflict of interest that may arise during the course of rendering financial services to clients.

For more details about PRDAM’s Conflict of interest Management Policy, please follow the link here.

5. The Financial Intelligence Centre Act, 2001

In accordance with section 43B of the Financial Intelligence Centre Act (FICA) PRDAM is registered with the Financial Intelligence Centre (registration number 58460) on 07/10/2022.

PRDAM’s appointed Anti-Money Laundering Officer is Bruce Richards.

6. Companies And Intellectual Property Commission

https://www.petrockinvest.com/za/home, is owned and operated by PRDAM, a private company registered in the Republic of South Africa under the company registration number 2021 / 667301 / 07, with its registered business address at 42 Keerom Street, Cape Town City Centre, Cape Town, South Africa, 8001.

7. Crypto Asset Service Providers

PRDAM is a digital asset management firm providing financial services as a Crypto Asset Service Provider (CASP). PRDAM falls under the exemption described under the FSCA Communication 30 of 2022 (Financial Advisory and Intermediary Services Act) (FAIS) “Publication of Declaration of a Crypto Asset as a Financial Product and Accompanying Exemption Notices” published on 19 October 2022 (“the Declaration”). As stated in the Declaration PRDAM will continue to provide financial services concerning Crypto Assets and commits to applying for the relevant license between 1 June 2023 and 30 November 2023.

8. Governing Law and Jurisdiction

The information provided on this website shall be interpreted and implemented in accordance with the laws of the Republic of South Africa. Your continued accessing of the Website and use of the Platform will constitute your consent and submission to the jurisdiction of the Courts of the Republic of South Africa should any legal proceedings arise out of, or in connection with these Terms, the Website, the Platform, or the Service.

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Important information: All reasonable steps have been taken to ensure the information on this website is accurate. The information provided on this website does not constitute investment, financial or other advice nor does it represent financial advice as contemplated in terms of the Financial Advisory and Intermediary Services Act, 2002. Independent professional financial advice should always be sought before making an investment decision. Past performance is not a guide to future returns. The Funds are exposed to counterparty risk which may, in the highly unlikely event of default by any counterparty, result in significant losses. By investing in any of the Funds, you acknowledge that you have read and agree to the terms and conditions of use, privacy policy and risk disclosure as listed on our website from time to time. Pet Rock Digital Asset Management (PTY) Ltd (PRDAM) (Registration number 2021 / 667301 / 07),  registered at 42 Keerom Street, Cape Town, is the Fund Manager for the Digital Asset funds. PRDAM is an authorised Financial Services Provider (FSP 52536) registered with the Financial Sector Conduct Authority (FSCA). As an authorised FSP, the company and its employees have to act ethically and impartially with diligence and care in the interests of the clients and the integrity of the financial services industry.
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