Licence withdrawn for failure to comply with financial requirements
It appears that we live in a country where people can flaunt the law at will and get away with it. Reading the daily reports from the Zondo commission makes one’s hair stand […]
Compliance and Legislation
The basics of Employment Equity
Last week we published An Introduction to Employment Equity in which we shared information about who is legally obliged to comply with the requirements of the Employment Equity (EE) Act. We also indicated […]
Should companies defer their PAYE obligations?
Jean du Toit, Head of Tax Technical at Tax Consulting South Africa, discusses the implications of President Ramaphosa’s announcement on 25 July that government will provide continued support to businesses by deferring employees’ […]
Is prospecting prohibited under POPIA?
In a recent article titled Will POPIA kill the life blood of the Financial Services industry? Danelle van Heerden, Head: Advice Solutions Retail Affluent at SanlamConnect dissects this very important issue. The Protection […]
Is prospecting prohibited under POPIA?
In a recent article titled Will POPIA kill the life blood of the Financial Services industry? Danelle van Heerden, Head: Advice Solutions Retail Affluent at SanlamConnect dissects this very important issue. The Protection […]
The potential pitfalls of sharing information on Social Media
So, you get this message on social media and, for whatever reason, you decide to share it with your friends, without any intention to incite violence. Well, legally, you could get into serious […]
Key aspects around appointment of replacement KIs
A recent application for the reconsideration of a decision by the FSCA provides clarity on an aspect which has always been a bit of a grey area. In rather crude terms it is […]
A debarment should not be about settling scores
A recent determination by the Financial Sector Tribunal contains this very interesting paragraph: A debarment may not be used to satisfy a provider’s contractual or other grievances against a representative, unrelated to fitness […]
Rights of employers and employees in times of riots
The law firm Cliffe, Dekker Hofmeyer published a very relevant brochure titled A “workplace” on fire: What to do with your employees. This document discusses the rights and obligations of both parties in […]
Discovery official allegedly tried to influence outcome of board election
A senior Discovery Health official who was recorded while attempting to influence the outcome of a board election, has resigned. LA Health services about 91 000 employees in local government. Discovery, as its […]
Discovery official allegedly tried to influence outcome of board election
A senior Discovery Health official who was recorded while attempting to influence the outcome of a board election, has resigned. LA Health services about 91 000 employees in local government. Discovery, as its […]
FAIS Ombud rebuked by Tribunal
In the FJ Kotze case heard on 5 July 2021, the Financial Sector Tribunal made several scathing findings against the Office of the FAIS Ombud, something that the newly appointed Ombud Council would […]
FAIS Ombud rebuked by Tribunal
In the FJ Kotze case heard on 5 July 2021, the Financial Sector Tribunal made several scathing findings against the Office of the FAIS Ombud, something that the newly appointed Ombud Council would […]
FSCA Guidelines on Electronic Signatures and Prepopulated Documents
The Conduct Authority has issued FSCA Communication 12 of 2021 (FAIS) as a result of a number of concerns relating to the use of electronic signatures in the course of rendering financial services […]
So, you’ve been hacked. Is this a reportable irregularity?
A recent (1 June 2021) headline on a UK based website reports that there were 116 million records breached in the UK in May 2021. Although no formal figures are available for South […]
Forget Aquarius – this is the dawning of the age of POPIA
If you had hopes that the new kid on the block would disappear if you ignored it long enough, think again. Updates and exemptions are flying in thick and fast and furious. On […]
Forget Aquarius – this is the dawning of the age of POPIA
If you had hopes that the new kid on the block would disappear if you ignored it long enough, think again. Updates and exemptions are flying in thick and fast and furious. On […]
