Sasfin fires employees implicated in money-laundering investigation
The South African Reserve Bank intends to impose sanctions for alleged contraventions of FICA, the Exchange Control Regulations, and the Banks Act.
Author: Moonstone Information Refinery
Fraudsters impersonating INN8 Invest on WhatsApp
Legitimate fund managers do not promise to double your money in 24 hours.
Is your website using the correct PAIA forms?
Some private and public bodies are still using the forms that were repealed two years ago, the Information Regulator says.
BHI Trust: the walls start tumbling down
The FSCA says its investigation into BHI Trust will include regulated entities that may have promoted the collective investment scheme’s products.
Webinars on how to investigate misconduct and address poor performance
Bookings are open for Moonstone Compliance’s two free employment law webinars in November.
Ex-fund manager found guilty of fraud for manipulating dollar/rand exchange rate
The prosecution’s case is that SA-born Neil Phillips engaged in a flurry of trades in the early hours of 26 December 2017 to force the rand below 12.50 to the dollar.
Rep’s version of accessing client’s account ‘doesn’t ring true’, says Tribunal
The FST questions why he would take a call on his private cellphone from a friend of a friend and access confidential information without authority.
S&P Global in SA contravened requirements to disclose withdrawal of a credit rating
The contravention came to light during an on-site inspection by the FSCA.
Sars says ‘sorry’ for threatening SMS, but …
The message was intended as ‘a genuine and helpful reminder’ to taxpayers to file their returns, the tax-collection authority says.
Retirement funds and death benefits: what options do beneficiaries have?
There is a major difference between pre-retirement and post-retirement funds regarding the nomination and payment of beneficiaries.
Claims reflect surge in theft and hijackings of high-value vehicles
Swift corrective action has proved to be effective in reducing vehicle theft and hijacking claims to ‘acceptable levels’, Santam’s 2023 Insurance Barometer report finds.
Webinars on how to investigate misconduct and address poor performance
Bookings are open for Moonstone Compliance’s two free employment law webinars in November.
Here are the key features of the Capitec Education Fund
Students who enrol with MBSE have four options to fund their studies. In this article, we look at what Capitec offers.
What consumers should know about vehicle repossessions
The Ombudsman for Banking Services sets out the legal position regarding prescription, repossession, and a voluntary surrender.
Health app introduces three firsts to the South African medical scheme industry
Discovery launches funded internet-based Cognitive Behavioural Therapy and telehealth services to address the alarming surge in depression.
Medical schemes that grew their membership by 5% or more in 2022
Preliminary data released by the Council for Medical Schemes highlights key trends in the industry last year.
Why business interruption insurance is a must in today’s turbulent world
Aon South Africa weighs in on why having BI insurance – and the services of a professional broker – is crucial for an organisation’s long-term survival.
