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.
Last week the CMS shared their concern that a significant number of schemes, which account for nearly half of the medical scheme population, have not applied for exemptions to regulations from the Council. […]
Last week the CMS shared their concern that a significant number of schemes, which account for nearly half of the medical scheme population, have not applied for exemptions to regulations from the Council. […]
A Fin24 report notes that Old Mutual has joined the other major insurers who opted to either provide interim financial relief or come to a settlement agreement with their business interruption customers. The […]
Financial literacy has long been an issue in South Africa. Developing a national savings culture, ensuring your client and consumers in general understand how to use credit responsibly and banking the un-banked are […]
Cybercrime continues to evolve, with new threats surfacing every day. Last year an Accenture study revealed a huge spike in cyberattacks on all fronts – banks, Internet service providers (ISPs), utilities and ecommerce […]
In a recent circular, the Council for Medical Schemes (CMS) prescribes requirements that must be adhered to by medical schemes for the assessment of annual medical scheme contribution increases, and benefit changes for […]
As a Key Individual, you are accountable for ensuring compliance with all relevant legislation applicable to your business. Keeping abreast of new regulations and changes to existing ones is indeed a formidable task, […]
As a Key Individual, you are accountable for ensuring compliance with all relevant legislation applicable to your business. Keeping abreast of new regulations and changes to existing ones is indeed a formidable task, […]
The Council for Medical Schemes (CMS) will be hosting live Webinars for Accredited Healthcare Brokers. The format of the webinars are three-hour sessions over two days, followed by a compulsory assessment on day […]
The Council for Medical Schemes (CMS) will be hosting live Webinars for Accredited Healthcare Brokers. The format of the webinars are three-hour sessions over two days, followed by a compulsory assessment on day […]
Draft Public Compliance Communication No. 12A (PCC 12A) that provides guidance on outsourcing of compliance activities to third parties, has raised a few questions. Carolee Reyneke-Minnaar of Moonstone Compliance provides some clarity on […]
Draft Public Compliance Communication No. 12A (PCC 12A) that provides guidance on outsourcing of compliance activities to third parties, has raised a few questions. Carolee Reyneke-Minnaar of Moonstone Compliance provides some clarity on […]
“While there will always be fraudsters devising schemes to trick unsuspecting members of the public out of their hard-earned cash, plying their trade becomes easier during tough economic times,” Leon Campher, CEO of […]
“While there will always be fraudsters devising schemes to trick unsuspecting members of the public out of their hard-earned cash, plying their trade becomes easier during tough economic times,” Leon Campher, CEO of […]
Decisive action by the Twin Peaks Authorities saw the hard-nosed stance by non-life insurers make way for a more practical approach to the issue of business interruption claims in the hospitality industry. On […]
As events around the coronavirus continue to evolve, many advisors have realised the importance of proactive communication with their clients. The means of the communication has also changed as more communication are actioned […]
As events around the coronavirus continue to evolve, many advisors have realised the importance of proactive communication with their clients. The means of the communication has also changed as more communication are actioned […]
