
FSCA eyes DeFi: testing the waters for smarter crypto regulation
As South Africa’s decentralised finance market gains traction, the FSCA is exploring ways to balance innovation with consumer protection.
From stronger retrenchment safeguards to the inclusion of gig workers under formal labour protections, proposed amendments could redefine the future of work for millions of South Africans.
As South Africa’s decentralised finance market gains traction, the FSCA is exploring ways to balance innovation with consumer protection.
Lebohang Funeral Home left policyholders exposed by failing to secure underwriting, misleading clients about their coverage, and refusing to pay a valid funeral claim.
The Guidance Note reflects significant amendments relating to an accountable institution’s RMCP.
The decisions show that even thwarted attempts to breach confidentiality signal a critical lapse in integrity.
But the government cannot afford to set up an independent supply-side regulator as recommended by the Health Market Inquiry.
From impersonating financial institutions to AI-generated videos of trusted figures, fraudsters are exploiting technology and social networks to steal investors’ hard-earned money.
The complexities of prescription periods and cross-jurisdictional disputes can lead to significant insurance reserving and cost implications.
Several municipalities have lost about 75% of their money.
FSCA also warns about unauthorised funeral policies being sold by a company in the Western Cape.
Experts slam the idea of a VAT increase, pointing to a record tax burden and bloated expenditure. From uncollected billions to inefficient governance, the real fix lies in reining in waste, not squeezing taxpayers.
South Africa is yet to demonstrate ‘sustained effectiveness’ in investigating and prosecuting serious money laundering and terrorist financing activities
Despite a 20-year debarment, a R143m fine, and even losing a leg in a motorcycle accident, Cobus Geldenhuis is allegedly still defrauding investors under a new alias.
After months of speculation, Sanlam has officially partnered with Fedhealth as its exclusive open medical scheme provider.
Recent media reports over the future of NHI have been contradictory and hard to make sense of. Spotlight chased up those in a position to know where things stand – it seems the ANC has not made any major concessions on NHI. There is, however, agreement that medical schemes won’t be phased out in the next few years, something that likely wouldn’t have happened in any case given the poor state of the economy and the long timeline for NHI implementation.
The Supreme Court of Appeal did not address the substantive issues, finding that a change in circumstances rendered the appeal moot.
Missing the provisional tax deadlines can lead to steep penalties and interest. This article outlines the key dates and payment rules to help you stay ahead.
The information will help the Authority to monitor the extent to which insurers are delivering fair outcomes for consumers.
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