COVID-19 – Imposing a digital revolution
Could COVID-19, in fact, create the tipping point for digital transformation? This is a question that is raised in a recent article that investigates if and how the pandemic is fast tracking insurance […]
FSCA slaps Banxso and directors with record R2bn fine
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.
Lockdown lowdown – How to continue banking safely and effectively
In a recent media release Reana Steyn, the Ombud for Banking Services, cautions consumers to remain calm and to follow the stringent lockdown measures in place to protect both themselves and their families, […]
Lockdown restrictions – Remember to look after your body
Only in a healthy body lives a healthy mind! Few would disagree with this age-old adage … with Covid-19 restrictions in place however, it has become super easy to neglect this sage advice. […]
Lockdown restrictions – Remember to look after your body
Only in a healthy body lives a healthy mind! Few would disagree with this age-old adage … with Covid-19 restrictions in place however, it has become super easy to neglect this sage advice. […]
Life annuities – How to sustain pre-crash retirement income
“Life annuity rates have increased by 10-15% since the beginning of the year, which offsets the reduction in market values most people in or close to retirement have experienced in the recent market […]
Life annuities – How to sustain pre-crash retirement income
“Life annuity rates have increased by 10-15% since the beginning of the year, which offsets the reduction in market values most people in or close to retirement have experienced in the recent market […]
Proposed changes to premium collection – FSCA draft notices
The FSCA has published Communication 22 of 2020 (Insurance) to inform stakeholders that two draft general exemptions have been published for comment. The communication sets out the background and current approach and thinking […]
Proposed changes to premium collection – FSCA draft notices
The FSCA has published Communication 22 of 2020 (Insurance) to inform stakeholders that two draft general exemptions have been published for comment. The communication sets out the background and current approach and thinking […]
Financial Soundness Requirements – Exemption of FSPs and Juristic Representatives from certain obligations
FSCA FAIS Notice 21 of 2020 Notice contains exemptions from sections 45(2), 48(1) and 48(2) of the Determination, as applicable, for the period 1 April 2020 to 31 March 2021. The extent of exemptions: ● Category I FSPs […]
Financial Soundness Requirements – Exemption of FSPs and Juristic Representatives from certain obligations
FSCA FAIS Notice 21 of 2020 Notice contains exemptions from sections 45(2), 48(1) and 48(2) of the Determination, as applicable, for the period 1 April 2020 to 31 March 2021. The extent of exemptions: ● Category I FSPs […]
Position paper on crypto assets – Intergovernmental Fintech Working Group guidance
As the use of crypto assets continues to grow and evolve, a deeper collective understanding of this area is emerging, and regulators across the globe are formulating regulatory approaches that are proportionate to, […]
Position paper on crypto assets – Intergovernmental Fintech Working Group guidance
As the use of crypto assets continues to grow and evolve, a deeper collective understanding of this area is emerging, and regulators across the globe are formulating regulatory approaches that are proportionate to, […]
FSCA warns against forex trading platforms – Promises of income streams during COVID-19 lockdown might be unrealistic
The FSCA warns the public against doing any financial-related business with forex trading platforms that promise an income stream during the COVID-19 lockdown. In a media release, the FSCA mentions that they were […]
FSCA warns against forex trading platforms – Promises of income streams during COVID-19 lockdown might be unrealistic
The FSCA warns the public against doing any financial-related business with forex trading platforms that promise an income stream during the COVID-19 lockdown. In a media release, the FSCA mentions that they were […]
Investment policies to medical schemes – Exemption proposed for insurers
The FSCA has published Communication 17 of 2020 to inform stakeholders that a draft general exemption has been published for further comment. Due to the different meaning attributed to the term “fund” brought […]
Investment policies to medical schemes – Exemption proposed for insurers
The FSCA has published Communication 17 of 2020 to inform stakeholders that a draft general exemption has been published for further comment. Due to the different meaning attributed to the term “fund” brought […]
Fit and Proper Requirements – FSCA provides clarity on exemption and extension period
FSCA FAIS Notice 17 of 2020, the Exemption from and extension of period to comply with Fit and Proper Requirements, 2020, has been withdrawn by the FSCA and substituted with FSCA FAIS Notice 22 […]
