FSCA slaps Banxso and directors with record R2bn fine

The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.

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Reaction to Green Paper on social security

Last week the Department of Social Development published a green paper on proposed social security and retirement reforms for public comment. And boy, did they get that. Solidarity has threatened with court action […]

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Tracking your Fit and Proper status and progress

The drive to professionalise the financial services industry has brought many regulatory obligations. Keeping track of the myriad of competency requirements are, at best, a nightmare if you are still using outdated methods […]

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Tracking your Fit and Proper status and progress

The drive to professionalise the financial services industry has brought many regulatory obligations. Keeping track of the myriad of competency requirements are, at best, a nightmare if you are still using outdated methods […]

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“Drove my chevy to the levy…”

Last Thursday, the FSCA published that “Dear John” notice you all look forward to so much every year. Yes, you’ve guessed it – FSCA Notice 465 of 2021 contains details of the levies […]

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“Drove my chevy to the levy…”

Last Thursday, the FSCA published that “Dear John” notice you all look forward to so much every year. Yes, you’ve guessed it – FSCA Notice 465 of 2021 contains details of the levies […]

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Developing data management skills

The importance of proper data management was reiterated recently with the advent of the Protection of Personal Information Act (POPIA). The normal knee jerk reaction by many is to ask, “What do I […]

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Managing long COVID in the workplace

ENSafrica recently published an interesting article on one of the after-effects of Covid termed “Long COVID” and provided some proactive measures that employers can take to identify and manage it in the workplace. […]

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Can I appoint an unrehabilitated insolvent?

A recent FAIS Notice has provided much-needed hope for would-be appointees as representatives who has yet to resolve previous insolvency issues FSCA FAIS Notice 89 of 2021 contains details of the outcome of […]

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