Moonstone Information Refinery – Page 137

Draft AML/CFT amendment Bill tightens regulatory net

The Bill proposes that arrangements yielding outcomes similar to traditional financial products be treated as financial services.

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.

The key issue in the appeal application was the relationship between the insured event and the life insurer’s duty to pay the claim.

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.

The decision highlights numerous irregularities at the Private Security Sector Provident Fund that were not reported to the FSCA.

Loadshedding, inflation, and high interest rates are squeezing consumers’ finances.

This applies to legal practitioners, company and trust service providers, estate agents, and casinos.

The annual benefit escalations for policies that fall under the Demarcation Regulations.

The Information Regulator found that several cybersecurity software licences had lapsed or had not been updated timeously.

Complaints about current accounts and digital banking were the two largest categories of cases opened with the ombudsman.

Real incomes down 4pp | Push to sanction non-disclosure of beneficial ownership | Cell captive plan for expensive medical treatment

The Authority has changed its mind about the requirement to have a recognised qualification.