CMS must provide BHF with a complete record of decisions on low-cost benefit options
Medical schemes industry body says it did not receive all the documents it requested for its case against the regulator.
OMNI-CBR will be embedded in new supervisory technology platform
Financial institutions are advised to pause their internal Conduct of Business Return initiatives pending further communication from the FSCA.
Life insurers’ claim statistics reflect SA’s high murder rate
Claim statistics for 2022 paint a startling picture of the health and safety troubles facing the country’s youth.
Companies can exempt themselves from liability arising from employees’ theft
Law firms comment on the significance of the Constitutional Court’s judgment for exemption clauses in agreements.
Is a long delay between the notice of intention to debar and the debarment procedurally unfair?
FNB debars consultant who issued unauthorised letters stating a company was good for up to R900 million in credit.
FST upholds debarment of rep who committed fraud to buy food for her child
The former bank manager’s actions were driven by desperation, but the FAIS Act is not forgiving, the tribunal says.
Sars has its eye on the application of attribution rules in trusts
Trusts that have failed to comply with the rules are exposed to penalties and fines.
97% of claims settled: Sasria pays out over R32bn in wake of 2021 riots
Could have, would have, should have – The Unrest, a documentary capturing the unfolding events of the July 2021 riots, bring old hurts to the surface.
GEPF and other public sector funds ‘will be part of the two-pot system’
How accessibility and seeding will impact members of defined-benefit retirement funds.
NHI Fund won’t seize medical schemes’ reserves, says government
The government publishes a factsheet outlining the case for NHI and how it envisages the scheme will work.
Closer scrutiny of cross-border transactions is impacting individuals and businesses
The FSCA says the government is intensifying efforts to get South Africa off the grey list by January 2025.
Judgment sends a warning about abusing the R1m offshore allowance
High Court rejects argument that a person can use the allowances of other individuals because the transfers were approved by an authorised dealer.
MiWay ordered to pay up after car goes missing during a night on the town
The events that led up to an insurance claim for a stolen car are reminiscent of the hit comedy ‘The Hangover’.
Prepare for the world of AI with MBSE’s Entrepreneurship course
With up to one-quarter of work activities set to change in the next 10 years globally, having an entrepreneurial mindset will be key to riding the generative AI wave.
Experienced journalist joins Moonstone’s communications team
We welcome Nettalie Viljoen as the deputy managing editor of publications.
Recording of Moonstone Compliance’s Fica webinar is now available
The content of the webinar is specifically for individuals or businesses that recently became accountable institutions.
Two pots: fund members must understand the implications of withdrawals
Money in the savings pot should be withdrawn only as a last resort, for absolute financial emergencies.
Preservation should be the top priority in the messaging about two pots
Administrators are concerned there is not enough time for financial advisers and members to understand the implications of the changes.
