The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.
“The world has been significantly disrupted by the Covid-19 Pandemic which has set the us firmly on the path of no return. Consumerism has shifted to online channels to practice safer shopping. Holidays […]
Following the inquiry into allegations of unfair racial discrimination and procedural unfairness by medical schemes, the Council for Medical Schemes (CMS) in collaboration with the Health Professions Council of South Africa (HPCSA) will […]
In February 2021, the FSCA published a Notice to make the industry aware that the Directive to provide information (DPI) for 2021 is available for online completion and submission from 1 March 2021 […]
In February 2021, the FSCA published a Notice to make the industry aware that the Directive to provide information (DPI) for 2021 is available for online completion and submission from 1 March 2021 […]
“The motor vehicle dealers’ sector is a lure for criminals to hide their illicit proceeds, which poses a serious threat to South Africa’s financial system. Criminals can potentially launder large amounts of money […]
Submitting a false claim or exaggerating a genuine claim is seen as a “drop in the ocean” in the finances of insurance companies, but the reality is very different. “Many people think insurance […]
Submitting a false claim or exaggerating a genuine claim is seen as a “drop in the ocean” in the finances of insurance companies, but the reality is very different. “Many people think insurance […]
March is officially Consumer Rights Month. “Through laws such as the Financial Services Regulatory Act (FSRA), the Financial Advisory and Intermediary Services Act (FAIS), the Treating Customers Fairly (TCF) approach as well as […]
The South African hedge funds industry ended 2020 with assets under management of R73.27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased […]
The South African hedge funds industry ended 2020 with assets under management of R73.27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased […]
The Budget Review 2021 includes a proposal to impose a deemed retirement withdrawal tax on retirement assets of emigrants as an exit tax. According to Joon Chong and Wesley Grimm of leading law […]
The Budget Review 2021 includes a proposal to impose a deemed retirement withdrawal tax on retirement assets of emigrants as an exit tax. According to Joon Chong and Wesley Grimm of leading law […]
At the end of February 2021, the National Treasury published the draft amendments to Regulation 28 of the Pension Funds Act for public comment. This follows the 2021 Budget and 2020 Medium Term […]
At the end of February 2021, the National Treasury published the draft amendments to Regulation 28 of the Pension Funds Act for public comment. This follows the 2021 Budget and 2020 Medium Term […]
The Southern African Fraud Prevention Service (SAFPS) has warned consumers to be vigilant against rampant fraud, especially impersonations, which have increased by more than 300% as desperate criminals seek to defraud their victims […]
The Southern African Fraud Prevention Service (SAFPS) has warned consumers to be vigilant against rampant fraud, especially impersonations, which have increased by more than 300% as desperate criminals seek to defraud their victims […]
From 1 July this year, South African companies must be fully compliant with the requirements of the Protection of Personal Information Act (POPIA), the Act that governs when and how organisations collect, use, […]
