The Constitutional Court rules that whether someone qualifies as a dependant must be determined as at the date of a retirement fund member’s death, not when the fund decides how to distribute the benefit.
A breakdown of the provisions that are in effect now, and those that come into operation in six or 12 months.
The Constitutional Court finds that a fund relied on unverified, one-sided information and failed to establish the extent of factual dependency.
In exchange for their admissions, they sought to substitute their debarments with an undertaking to repay R470m in client losses.
The proposed changes limit employees earning over R1.8m a year to compensation – capped at their annual salary – for unfair dismissal claims.
Despite claims of verbal consent from her client, the FST found the adviser’s informal arrangements did not satisfy the requirements for written, explicit authorisation.
The FSCA and PA publish recommended best practices, urging financial institutions to adopt a risk-based approach aligned with their size and complexity.
The annual benefit escalations for policies that fall under the Demarcation Regulations.
After the High Court remitted the matter, a new Tribunal panel deemed the challenge ‘frivolous and vexatious’.
The FSCA’s Sustainable Finance Programme seeks to harmonise local markets with global ESG standards – focusing on taxonomy, disclosure, reporting and investor education to bolster climate resilience.
Determination says a ‘reasonable broker’ would supplement a bulk email with an email or phone call to ensure the client is aware of new conditions.
The Tribunal agrees with the FSCA that the entity’s key individual did not ‘come clean’ about her past misconduct.
As a result of the declarator, the High Court ordered the Tribunal to revisit its decision regarding the R50m fine imposed on Viceroy Research.
The FSCA’s success in collecting penalties remains uneven because of several structural and legal challenges.
From funeral policy breaches to crypto non-compliance and weak AML measures, the regulator’s latest report outlines its key priorities – with online harm topping the list.
The FSCA records a marked increase in new investigations in 2024/25, particularly those related to unregistered insurance business.
A top priority is supporting National Treasury in finalising COFI and rolling out the themed frameworks.
