Regulating social media abuse in the workplace
This article is published with the kind consent of Van der Spuy & Partners. Dit is ook in Afrikaans beskikbaar. “I have a growing concern, not only about the time my employees are […]
Best Practice
Business from Unclaimed Benefits
An article in the latest issue of Insurance Gateway may be of great value to both advisers and their clients. It appears that there is an estimated R20bn in unclaimed benefits across 3.5 million […]
Guidance for Hedge Funds
The Financial Services Board published guidelines on requirements for advertising, marketing and information disclosure applicable to Hedge Funds. Following the declaration of hedge funds as collective investment schemes, all hedge funds are required […]
NHI Update
A report in Business Day quotes Health Minister Aaron Motsoaledi as saying that he will present a revised version of the National Health Insurance (NHI) white paper to a cabinet subcommittee on Tuesday, […]
Qualification and RE DOFA Deadlines Clarified
This article, published in September last year, is even more relevant today. A reader recently wrote: My query relates to the article headed “Qualification deadline at hand – 30 June 2016 is a very important […]
Important FICA Reminder for Motor Dealers
Motor dealers are reminded that if they receive a cash payment from a customer of more than R24 999,99 – and here cash means coins, banknotes or travellers cheques – that this must be […]
Regulatory Exam Seats Filling up Fast
As the end of June draws near, availability for seats to write the exams before the DOFA deadline are becoming increasingly scarce. It is not only those who have to write before 30 June. […]
Too Few Good Men?
The fate that befell former Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas, last Friday confounded most rational thinkers. The terse manner in which Gordhan was first recalled from the investor summit […]
Lack of TCF seen as Aggravating Factor
The latest settlement agreement, between the Registrar and New National Assurance Company Limited, contains an interesting new slant to what we have become used to. The Registrar was of the opinion that the […]
Register for fake qualifications proposed
Dankie Frans Petrus Zeelie van Moonstone Business School of Excellence vir die aanstuur hiervan. Chantall Presence writes in Business Report that steps are being taken to name and shame holders of bogus qualifications. […]
Work smarter and harder
The Afrikaans idiom, “Van uitstel kom afstel” probably rings more true than the English equivalent: “Procrastination is the thief of time” as far as the financial services industry is concerned. Failing to adapt […]
FSB Training intervention for Category I FSPs
The FAIS Supervision Department conducted a training intervention in 2014 for Category I FSPs who are not obliged to employ the services of a compliance officer. This continued during 2015 and 2016. During 2014 […]
Illegal Incentives in the Motor Industry
Finance and Insurance Managers (“F&I managers”) in motor dealerships are registered representatives of financial service providers (FSPs), and as such they are bound by the provisions of the FAIS Legislation. The Registrar is […]
Imminent changes to tax-free savings regulations
The National Treasury will shortly publish final amendments to tax free savings accounts regulations for the year beginning 1 March 2017. The amendments will include: The process for transfers clarify the policy position on performance […]
The Journey to On-Demand Insurance
Worldwide references to “disruption” and the “on-demand economy” have been around long enough for us to have witnessed the start of its meteoric rise and globally, parts of the transport, food and general […]
Credit life insurance regulations published
Final credit life insurance regulations were gazetted on 10 February 2017 and are scheduled to come into force in August this year. Only credit agreements concluded on or after the commencement date will be affected. […]
Possible POPI Commencement Dates
ITWeb recently printed an article titled Regulatory quagmire awaits SA’s IT businesses which provides, inter alia, some idea of what we can expect in terms of the roll out of the Protection of […]
