Moonstone Information Refinery – Page 109 – Moonstone Information Refinery

Budget: Key changes for taxpayers and investors

Director signs an undertaking not to be involved in the financial services industry for seven years.

Moonstone Compliance will lay out the best practices for disciplinary procedures.

And applications are now open for the second semester.

Loadshedding, inflation, and high interest rates are squeezing consumers’ finances.

This applies to legal practitioners, company and trust service providers, estate agents, and casinos.

The annual benefit escalations for policies that fall under the Demarcation Regulations.

The Information Regulator found that several cybersecurity software licences had lapsed or had not been updated timeously.

Complaints about current accounts and digital banking were the two largest categories of cases opened with the ombudsman.

Real incomes down 4pp | Push to sanction non-disclosure of beneficial ownership | Cell captive plan for expensive medical treatment

The Authority has changed its mind about the requirement to have a recognised qualification.

Any business that fails to report ‘suspicious and unusual transactions’ faces harsh penalties.

It will decide by the end of the month whether to reintroduce the exclusion.

The FSCA has published a conduct standard setting out the conditions for retirement funds to invest in derivatives.

Statistics indicate a rise in income protection claims resulting from diagnoses for mental and behavioural disorders.

About R19 million will be forfeit to the state unless exclusion applications are upheld.

And applications are now open for the second semester.

A ‘high-value goods dealer’ means any business that sells goods with a price tag of R100 000 or more.