Compliance and Legislation – Page 42 – Moonstone Information Refinery

Day 2 Highlights from the FSCA Industry Conference 2026

The fund said the automated payment of the spouse’s 50% interest was already in process, and the payment could not be stopped.

Director signs an undertaking not to be involved in the financial services industry for seven years.

Until now, affirmative action in South Africa has not been underpinned by numerical targets.

Moonstone Compliance will lay out the best practices for disciplinary procedures.

And applications are now open for the second semester.

Meanwhile, a change in the VAT registration process may inconvenience taxpayers.

The decision highlights numerous irregularities at the Private Security Sector Provident Fund that were not reported to the FSCA.

This applies to legal practitioners, company and trust service providers, estate agents, and casinos.

The annual benefit escalations for policies that fall under the Demarcation Regulations.

The Information Regulator found that several cybersecurity software licences had lapsed or had not been updated timeously.

The Authority has changed its mind about the requirement to have a recognised qualification.

The decision sets out how PSSPF board members racked up fees for meetings and ignored the fund’s procurement policy.

Any business that fails to report ‘suspicious and unusual transactions’ faces harsh penalties.

The FSCA has published a conduct standard setting out the conditions for retirement funds to invest in derivatives.

About R19 million will be forfeit to the state unless exclusion applications are upheld.

And applications are now open for the second semester.

A ‘high-value goods dealer’ means any business that sells goods with a price tag of R100 000 or more.