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Home / Author: Mark Bechard

Author: Mark Bechard

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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Medical expenses | Court grants leave to appeal in member’s dispute with RAF

The outcome of Discovery Health’s appeal before the SCA will affect the outcome of the member’s claim for R1.4 million.

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Bundled credit insurance ruled unlawful for consumers who can’t claim

Selling credit life insurance with retrenchment and disability cover to pensioners and disabled persons – who cannot meet the claim requirements – breaches the National Credit Act.

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Retirement fund cannot withhold benefits without precise liability admission

The Tribunal says the Adjudicator should have addressed the fund’s reliance on two acknowledgements of debt stating different amounts.

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Remote signing recording secures claim against company’s sureties

The recording’s admissibility under RICA and common-law principles were key to overcoming allegations of forgery and invalid electronic execution.

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Moonstone is positioned to provide guidance amid COFI uncertainty

Moonstone’s innovative approach to compliance, rooted in deep expertise and tailored guidance, is poised to help financial institutions not only comply but also thrive.

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Moonstone Information Refinery marks 25 years of innovation and expertise

Celebrating a quarter-century of innovation, Moonstone Information Refinery has transformed from a niche newsletter into a multifaceted provider of business solutions.

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Court orders RAF to pay medical scheme members’ claims

Another attempt by the Road Accident Fund to contest liability based on the ‘majority decision’ against Discovery Health has fallen through.

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High Court upholds surety deed despite electronic signature hurdles

The decision in favour of Momentum Metropolitan Life affirms the importance of substance over form in electronic surety agreements.

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Two (?) VAT hikes and no adjustments to the income tax brackets

A comprehensive round-up of the tax proposals affecting individual taxpayers and consumers.

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SRD grant is a temporary relief measure, says Social Development department

Financially squeezed government wants to overturn a judgment declaring aspects of the SRD regulations unconstitutional.

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Netcare lawsuit: private investigator’s evidence admissible under POPIA

The High Court rules that surveillance evidence is lawful under POPIA when it serves the defence of a legal right. The ruling allows Netcare to use the evidence in its defence against a multimillion-rand lawsuit.

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SA won’t get off the grey list in June – Treasury now aiming for October

South Africa is yet to demonstrate ‘sustained effectiveness’ in investigating and prosecuting serious money laundering and terrorist financing activities

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MPs push for deeper financial sector transformation

The Finance and the Trade and Industry committees will engage with roleplayers from across the sector before finalising a report that will be tabled in Parliament.

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Broker’s acknowledgment of debt falls outside National Credit Act

The High Court overturns a lower court’s decision in favour of a financial adviser whose commissions were clawed back.

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Majority judgment ‘does not alter’ RAF’s liability for medical scheme members’ claims

The High Court in Cape Town rejects the Road Accident Fund’s contention that the Mlambo judgment has altered the legal landscape.

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PPS takes its mutual insurance model to the broader SA market

It says the new business division, called glu, provide members with straightforward insurance solutions and profit-sharing.

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Court ruling on SRD grant could deepen the government’s fiscal crisis

The judgment strikes down restrictive aspects of the grant regulations, ordering the government to increase the grant and ensure that no eligible applicants are excluded.

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