FSCA and PA publish comprehensive study into AI use in financial sector
The regulators will issue a discussion paper to clarify governance, disclosure, and consumer-protection expectations.
Author: Moonstone Information Refinery
MBSE opens 2026 qualification applications with early-access incentive
Prospective students can jump-start their 2026 studies with early course access and benefit from a 50% discount on MBSE’s full suite of COB modules until 31 December.
Second-highest quarterly CIS inflows on record in Q3
For the first time since 2020, a meaningful share of the quarterly inflows came from new capital rather than reinvested income.
SARB adds crypto and stablecoins to new financial-stability risk category
Top domestic Bitcoin wallets moved nearly R63bn offshore since 2019, spurring the SARB and Treasury to develop a cross-border crypto transaction framework.
Ombud clears up big misconception about claims rejected for drunk driving
Insurers may reject claims where corroborating evidence places a driver at a pub, shows alcohol purchases, or records behaviour consistent with intoxication.
Treasury proposes 20% national online gambling tax to curb harm
The measure is expected to generate over R10bn, but Treasury says its primary aim is to deter harmful gambling behaviour.
Licences of Medbond Insurance and Medbond Markets withdrawn
The Authority’s investigation found that Medbond Insurance advised its clients to invest in non-existent financial products.
Tax compliance is easier, but corporates’ trust in SARS remains split
PwC finds a downward trend in penalties and verification risk. Yet corporate taxpayers continue to voice concerns over consistency, fairness, and accessing SARS support.
South Africa ranks second in Africa’s Organised Crime Index 2025
The Index flags Africa as a testing ground for ransomware and DDoS attacks. High incident volumes and ‘ransomware-as-a-service’ models raise insurance, compliance, and continuity costs for businesses.
Moody’s sees SA recovery taking shape by 2026
The ratings agency says long-awaited reforms could finally lift South Africa onto a firmer growth path, with momentum expected to build steadily from 2026.
SARB clarifies 3% inflation target as policy shifts draw mixed reactions
The MPC’s first rate cut in months underscores the SARB’s view that a lower target can support a gradual easing cycle.
Regulator seeks court test to settle whether telemarketing falls under POPIA
The Information Regulator will push a test case to confirm whether unsolicited telephone calls qualify as ‘electronic communication’ under POPIA.
Adjudicator upholds R4.5m allocation after wife fails to prove financial dependency
The customary wife failed to substantiate her claims of financial dependency and was shown to be estranged from the deceased.
Tribunal: Debarments invalid without proper notice
Despite a guilty plea at a disciplinary hearing, a rep’s debarment was set aside after the Tribunal found the FSP had not followed the prescribed process.
Clock is ticking for intermediaries to shape OMNI-Risk Return
Comprehensive industry input now will influence what data the FSCA collects and how it prioritises future enforcement and benchmarking.
ESC Micro-Credentials: build skills that matter in today’s workplace
ESC’s online Micro-Credentials give professionals hands-on skills in cybersecurity, AI, DEI, and more, helping them respond to real-world challenges.
Court shuts down attempt to ‘run out the clock’ on consumer complaint
The judgment confirms that the National Consumer Commission can pursue suppliers for ongoing misconduct – even when they try to stall a complaint into expiry.
