The Financial Intelligence Centre reminds accountable institutions listed under Schedule 1 of the Financial Intelligence Centre Act of the looming deadlines to submit their respective risk and compliance return questionnaires by the end of May and July 2023.
The FSCA wants to know whether applicants are compliant with the Financial Intelligence Centre Act.
In one case, the FSP was still investigating the alleged fraud when it decided to bar the representative.
A reviewing body will have grounds to intervene only if a fund fails to take into account relevant considerations and ignores irrelevant considerations.
This is the first time the Information Regulator has asked private bodies to submit this type of report.
The amalgamated scheme will later include the FAIS Ombud and the JSE Ombud.
FSCA issues a spate of warnings about scammers impersonating authorised FSPs and offering unrealistic returns.
His FSPs were fined a total of R250 000 for selling two products before they were licensed.
Collective agreements dealing with retirement funds must be concluded with reference not only to employment laws but also the Pension Funds Act.
High Court rejects arguments that they owed the insurers a statutory duty.
The Centre has launched a new forensic unit to assist law enforcement combat complex money-laundering cases.
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.
