Compliance and Legislation – Page 42 – Moonstone Information Refinery

Video interview: New mutual insurer enters the market

The offences relate to not recording information about beneficial ownership and service providers that are accountable institutions.

‘The new process comes down to more detailed and targeted requests for information regarding exit capital.’

FSCA wants to step up market surveillance to combat insider trading and price manipulation.

Exemption is the last opportunity to rectify the error, National Treasury says.

The employer did not point to a single provision in the FAIS Act, or any other legislation, that prohibits this.

Moriting Wealth Managers was not given an opportunity to state its case before the final determination was issued.

The applicant was ‘left to guess’ the factual allegations on which the intended debarment was based, tribunal says.

Ombudsman can only condone non-compliance with a policy’s time-barring provisions if the insured shows good cause.

That the parties entered the agreement after the notice of intention to debar had been sent was highly relevant.

Questions remain whether the automation of certain procedures will have the desired results.

She alleged the evidence of her conduct was obtained through an ‘unlawful search’ of her personal email account.

Grey areas remain when it comes to the rebate for residential solar panels.

Companies have broader obligations to keep records of persons with beneficial interests in their securities.

About R1 million in investors’ funds was misappropriated.

Sars will not only be able to verify who qualified for the rebate, but also who had the money to instal solar panels.

A deeper look at what accountable institutions must do to comply with the Financial Intelligence Centre’s directive.

The declaration of crypto assets as a financial product does not affect financial services rendered in relation to crypto asset derivatives.