The proposed framework is voluntary guidance at this stage, with all regulated financial institutions in scope and a proportionate approach proposed for smaller firms.
The closure of South Africa’s biggest money market fund in the second quarter knocked the collective investment scheme industry, with total net inflows hitting their lowest level in five years in the year […]
Lawyers acting for the National Employers’ Association of South Africa (Neasa) and four other business organisations have sent a letter to President Cyril Ramaphosa objecting to mandatory Covid-19 vaccination. The four other organisations […]
All employees in the private security sector, irrespective of their job description, must become members of the Private Security Sector Provident Fund, and likewise all employers in the sector must participate in the […]
All employees in the private security sector, irrespective of their job description, must become members of the Private Security Sector Provident Fund, and likewise all employers in the sector must participate in the […]
A decision made by a fund’s trustees can be interfered with only where it can be shown that they have taken irrelevant, improper and irrational factors into consideration, and where it can be […]
A decision made by a fund’s trustees can be interfered with only where it can be shown that they have taken irrelevant, improper and irrational factors into consideration, and where it can be […]
A case that came before the Financial Services Tribunal has underscored the importance of ensuring that divorce settlements conform to the provisions of the Pension Funds Act and the Divorce Act when addressing […]
A case that came before the Financial Services Tribunal has underscored the importance of ensuring that divorce settlements conform to the provisions of the Pension Funds Act and the Divorce Act when addressing […]
David Rees, senior emerging markets economist: Uncertainty about the virulence of Omicron, its ability to resist vaccination and spread rapidly, among other things, has rocked global financial markets. Those questions will take time […]
David Rees, senior emerging markets economist: Uncertainty about the virulence of Omicron, its ability to resist vaccination and spread rapidly, among other things, has rocked global financial markets. Those questions will take time […]
The FSCA is using social media to supervise whether financial products and services promote fair customer outcomes, and it will be looking into the banks’ low response rate to “priority tweets” as revealed […]
The FSCA is using social media to supervise whether financial products and services promote fair customer outcomes, and it will be looking into the banks’ low response rate to “priority tweets” as revealed […]
The owner of a brokerage asked the Financial Services Tribunal to award him R2 million in damages because the FSCA refused to grant his firm an FSP licence. The regulator rejected the firm’s […]
The owner of a brokerage asked the Financial Services Tribunal to award him R2 million in damages because the FSCA refused to grant his firm an FSP licence. The regulator rejected the firm’s […]
Certain sections of the Cybercrimes Act came into effect on Wednesday, which means it is now a criminal offence to, among other things, send messages on social media that threaten to harm someone […]
Certain sections of the Cybercrimes Act came into effect on Wednesday, which means it is now a criminal offence to, among other things, send messages on social media that threaten to harm someone […]
What does “access control” mean for the purposes of an insurance policy? The answer to this question was at the heart of a complaint that came before the Ombudsman for Short-term Insurance (Osti). […]
