Compliance and Legislation – Page 45 – Moonstone Information Refinery

Day 2 Highlights from the FSCA Industry Conference 2026

The Authority is looking into allegations that the company was involved in money laundering.

They concern two deductions: non-business-related interest expenses and fees paid to tax practitioners for completing tax returns.

Sanctions can include a fine of up to R10 million in respect of a natural person and R50m in respect of a legal person.

Trustees and principal officer commit to good governance in enforceable undertaking signed with the FSCA.

Two complaints where the FAIS Ombud held that the FSPs had not drawn the clients’ attention to the material terms.

Applicant tells the tribunal she transferred the information to her private Gmail account to support her complaint to the CCMA.

The insured submitted a third-party liability claim two months after the incident.

This case is an example of what good cause is not.

The board’s rushed decision, based on unaudited interim figures, put the shareholder’s interests above those of the policyholders, tribunal says.

How accountable institutions must apply the SA Reserve Bank’s directive of 2022.

Authority publishes the final version of its strategy to promote transformation in the financial sector.

And MBSE’s updated Fica Awareness Short Course is the ideal way to get to grips with your organisation’s compliance obligations.

The far-reaching implications of debarment were not justified in the circumstances, the FST finds.

Trustees cannot be expected to have all the information within a few hours of the gazetting of the final regulations, it says.

The police said the WhatsApp message was to alert stations of the serious crime, but it leaked from its ‘intended communication channels’.

Among other provisions, financial education must not be used as a guise for marketing.

They must also check whether prospective and current employees are the subject of United Nations sanctions.