Madlanga Commission: Why fixing policing matters to business
The inquiry’s revelations about organised crime and weak enforcement have implications for AML effectiveness, investment, and the recovery of criminal proceeds.
Author: Moonstone Information Refinery
Tribunal draws line between discipline and debarment
An FSP cannot treat debarment as an automatic consequence of a disciplinary finding, the Tribunal says, setting aside a process riddled with procedural failures.
Absa takes over custody of GEPF’s R3.5 trillion
Absa is taking over custody of the GEPF’s R3.5 trillion portfolio – but what does a master custodian actually do, and what does the change mean for the Fund’s 1.7 million-plus members and beneficiaries?
Why South Africa’s changing fire risk matters to insurers
Evolving buildings and technologies are complicating structural fires, increasing the importance of prevention, resilience, municipal capacity, and effective risk transfer.
Insurer cannot rely on policy terms after adviser’s misrepresentation
A policyholder’s godfather was recorded as her father despite the adviser knowing the true relationship, leading to a ruling that the insurer must pay the claim.
Bonitas transition stabilises, but providers still face problems
Operational improvements have reduced the disruption, but short-paid and unpaid claims, tariff discrepancies, and difficult authorisations continue to require attention.
Tribunal sets aside Sanlam debarment over client cash deposits
The adviser breached Sanlam’s internal cash-handling rule, but the conduct did not establish a lack of honesty and integrity.
Document checklist falls short in retirement fund withdrawal dispute
The Tribunal found that evidence of tax non-residence must be assessed against the legislation, with clear reasons given when it is considered insufficient.
Responsible investment: South Africa has the policies, but can it prove they work?
Most asset owners say they are responsible investors, but 43% have no independent way to assess whether their managers are delivering on their ESG commitments.
No investor harm does not mean no compliance breach
The Tribunal finds that commercial circumstances did not justify implementing a major transaction before shareholder approval.
Proposed beneficial owner rules bring fresh scrutiny for financial institutions
Institutions will have to identify and verify owners, assess their honesty and integrity at least every two years, and report beneficial-owner information to regulators.
Last chance to register: COFI readiness for small FSPs
Moonstone Compliance will explore what the FSCA’s changing supervisory approach means for smaller practices and how they can respond proportionately.
From side hustle to registered business: Getting CIPC right
Designed for entrepreneurs and professionals assisting clients, MBSE’s new course provides a practical guide to registering a business and staying compliant afterwards.
Investors return to equities as CIS inflows strengthen
General equity portfolios recorded their first net inflow in a year, while multi-asset funds continued to attract the bulk of investors’ money.
A better year ahead? The economic outlook starts to look promising
From the rand and commodities to electricity and logistics, several pieces of the South African investment story are moving in the right direction.
The more you earn, the more you borrow? Top earners carry biggest debt burden
DebtBusters’ Q2 Debt Index shows that consumers earning over R50 000 a month need more than their monthly income to service debt.
PA proposes higher levies despite budget reduction
The provisional 3.7% increase is based on projected inflation for 2027 and will be revised using the applicable Stats SA CPI measure.
