
Monday briefing: a round-up of recent financial services news
FSCA’s risk-based approach | Medical scheme in liquidation | CIPC to collect beneficial ownership info | SA ties with Russia ‘a risk’
Strong market performance lifts assets to record highs, but lapses and protection gaps persist beneath the surface.

FSCA’s risk-based approach | Medical scheme in liquidation | CIPC to collect beneficial ownership info | SA ties with Russia ‘a risk’

Another year of high pay-outs following Covid in 2020 and the unrest in 2021.

High Court appoints Fagmeedah Petersen-Cook as the life insurer’s final curator.

Industry hopes amendments to regulation 28, separating hedge funds and private equity investments, will boost inflows.

The legislation may not be finalised until October this year.

It’s too soon to tell how grey-listing will affect the industry, says Asisa.

Investors took an interesting approach to last year’s rollercoaster investment environment, says Asisa.

‘An orderly’ closing and reopening of markets may be required.

Prosper Funeral Solutions in final liquidation | SA’s small tax base | Which president was worst for the rand?

All the companies and unit trust funds that won trophies and certificates this week.

More than 600 investors lost their money – some exceeding R1 million each.

Financial services group red-flags higher-than-expected policyholder withdrawals.

Many businesses are operating under the false belief that their insurance policy adequately covers data security and privacy exposure.

Soaring global equities should be seen in the context of the business cycle.

National Treasury says it hopes to get South Africa off the list before January 2025.

No surprise as the Financial Action Task Force adds SA to its list of countries under special scrutiny.

Treasury expects grey-listing will have ‘a limited impact’ on financial stability and the costs of doing business with South Africa.