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Financial soundness deadline looming – FSPs with juristic reps, please take note
According to Board Notice 194 of 2017, the Fit and Proper BN, FSPs and juristic representatives have to ...
industry news
FSCA – New appointments announced
The FSCA recently announced the following executive appointments with effect from 1 February 2019: Ms Felicity Mabaso has been appointed as the Divisional Executive for licensing and the business centre. Mr Brandon Topham joins the FSCA as Divisional Executive for investigations and Enforcement. Mr Jabulane Hlalethoa has been appointed as Divisional Executive for the FSCA corporate centre, […]
best practice
Cyber insurance – A first priority for SMEs
Late last year, Business Report shared that according to the global Cyber Exposure Index, South Africa currently has the sixth highest average exposure to cybercrime, with businesses in the industrial and financial sectors being the most commonly targeted by cybercrime attacks. Another similar report revealed that around 61 percent of small businesses experienced a cyber-attack […]
technologically speaking
POPI and social media
The purpose of the POPI Act is to ensure all South African institutions conduct themselves in a responsible manner when collecting, processing, storing and sharing another entity’s personal information by holding them accountable should they abuse or compromise personal information in any way. Linda Graham from FinCommunications recently questioned how the rules of POPI apply […]
compliance and legislation
Continuous Professional Development – Are your hours addin …
“I am authorised for Long-term Insurance sub-category B1, B2 and C as well as a Participative Interest in Collective Investment Schemes. What are the minimum CPD hours I have to obtain?” This question, recently received from an experienced campaigner, led to this article being revamped to assist you with complying in time. With the annual […]
Financial soundness deadline looming – FSPs with juristic …
According to Board Notice 194 of 2017, the Fit and Proper BN, FSPs and juristic representatives have to be financially sound in order to be able to deliver a quality service to clients. The financial soundness requirements have been extended to juristic representatives with effect from 1 March 2019. Section 53 of the Fit and Proper Board […]
NCR warns against loan scam – National Credit Regulato …
The National Credit Regulator (NCR) has recently warned consumers against fake credit providers offering loan scams. “These scams typically target those who are in distressed financial circumstances and looking for a loan, using slogans such as “blacklisted” or “debt review clients welcome”, Jacqueline Peters, Manager: Investigations and Enforcement at the NCR explains. According to Peters […]
Advanced training workshop – Council for Medical Schemes t …
The Council for Medical Schemes (CMS) will be hosting an advanced training programme workshop for accredited healthcare brokers in the Gauteng Province. Participants are requested to register on-line and submit proof of payment to the email provided above, by 15 February 2019. Please include your current BR number as your reference number. Each participant must have a […]
Investments 2019 – What will influence markets in the …
Last year was a challenging year for investors, with US equity and government bond markets both returning less than cash. While there is no guarantee of better performance in 2019, identifying the underlying causes gives investors an opportunity to manage these investment risks. Keith Wade, Chief Economist & Strategist at global asset manager Schroders, believes […]