Ombud Council Board Appointed
The latest FSCA newsletter provides details of this very important oversight body, established in terms of the Financial Sector Regulation Act. This Act requires financial institutions to be a member of an industry […]
FSCA licenses most crypto provider applicants – as enforcement tightens
The rising number of investigations and inspections underline a shift from registration to active supervision.
Debarment set aside on interesting grounds
The number of successful appeals for reconsideration of debarments makes one wonder how many travesties of justice took place before the Financial Sector Tribunal saw the light. Previously, there was no recourse but […]
Huge fines a serious warning to the industry
An FSCA press release on 8 July contains details of hefty administrative sanctions imposed on Momentum Wealth (Pty) Ltd and Momentum Collective Investments RF (Pty) Ltd for failing to comply with FICA requirements. […]
Digital signing – what do the numbers say?
Fig 1: E-signing uptake results In the second of my series analysing the results of the Moonstone digital engagement survey I unpack the digital signing stats which make for some interesting reading. Digital […]
Private Sector joins Government in Vaccination race
A Fin24 article relates how the private sector has joined the race to get the nation to herd immunity status as soon as possible. “As South Africa races against time amid a wildly […]
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 […]
Are insurers the only bad guys when it comes to Covid-19 BI claims?
A prominent article in my early morning paper contained rather scathing comment on the short-term insurance industry, claiming that it was making a profit while its clients were languishing because their claims were […]
Are insurers the only bad guys when it comes to Covid-19 BI claims?
A prominent article in my early morning paper contained rather scathing comment on the short-term insurance industry, claiming that it was making a profit while its clients were languishing because their claims were […]
Regulatory Examinations – Business as Unusual
Some registered candidates enquired whether the regulatory exams (REs) would be affected by the recent increased measures to curb the spread of the Corona virus. Regulatory Examinations will continue within the framework of […]
Regulatory Examinations – Business as Unusual
Some registered candidates enquired whether the regulatory exams (REs) would be affected by the recent increased measures to curb the spread of the Corona virus. Regulatory Examinations will continue within the framework of […]
POPIA Frenzy – is it really necessary?
Normally, at this time of year, the annual sardine run has the KZN coastline on full alert. Its impact on work productivity in the province is huge. The same can be said about […]
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 […]
Do I need to file an income tax return for the 2021 tax year?
Filing season opened on 1 July 2021, with a significant number of taxpayers being assessed automatically. Key dates to diarise: 1 July to 23 November 2021 – for non-provisional taxpayers filing online. 16 […]
Will the need for human interaction disappear?
You would be quite right in assuming that I have finally lost my remaining marbles by sharing an article on people celebrating togetherness when we have just been downgraded to a level 4 […]
Will the need for human interaction disappear?
You would be quite right in assuming that I have finally lost my remaining marbles by sharing an article on people celebrating togetherness when we have just been downgraded to a level 4 […]
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 […]
