The proposed reforms could require significant operational changes for insurers, but industry experts believe they address only part of the problem.
The Association for Savings and Investment South Africa (ASISA) recently released the Collective Investment Schemes (CIS) industry statistics for the quarter and year ended September 2020. South African investors committed R57 billion in net […]
A draft Conduct Standard, setting out both the principles and fit and proper requirements that CIS managers must comply with on an ongoing basis, was released by the Financial Sector Conduct Authority (FSCA) […]
A draft Conduct Standard, setting out both the principles and fit and proper requirements that CIS managers must comply with on an ongoing basis, was released by the Financial Sector Conduct Authority (FSCA) […]
During the 2019/2020 financial year the Office of the FAIS Ombud received a total of 8835 new complaints – a reduction of 5.23% from the 9323 received during the 2018/2019 financial year and […]
During the 2019/2020 financial year the Office of the FAIS Ombud received a total of 8835 new complaints – a reduction of 5.23% from the 9323 received during the 2018/2019 financial year and […]
At the end of November 2020, the Financial Sector Conduct Authority (FSCA) published a research report on the impact of Non-traditional (Alternative) Data on the provision of financial services in South Africa. “Alternative […]
Since the implementation of the Determination of Fit and Proper Requirements for Financial Services Providers, 2017 on 1 April 2018, various exemptions were issued to deal with new requirements. According to the FSCA certain provisions […]
Since the implementation of the Determination of Fit and Proper Requirements for Financial Services Providers, 2017 on 1 April 2018, various exemptions were issued to deal with new requirements. According to the FSCA certain provisions […]
There are actually three certainties in this world: Death, taxes and major regulatory updates in December every year, as the industry starts winding down for the silly season. One of these is the […]
There are actually three certainties in this world: Death, taxes and major regulatory updates in December every year, as the industry starts winding down for the silly season. One of these is the […]
Policy wording and its interpretation at claim time received increased airtime in the last few months as a result of various Business Interruption insurance claims. Although the courts have thus far ruled in […]
Last Friday consumers took to online shops to benefit from the Black Friday deals. With the approach of the holiday season even more consumers will make use of online shopping in order to […]
Last Friday consumers took to online shops to benefit from the Black Friday deals. With the approach of the holiday season even more consumers will make use of online shopping in order to […]
The world of education has changed dramatically over the last year, with the distinctive rise of e-learning or online learning. But even before the pandemic and lockdown restrictions, there was a global growth […]
The world of education has changed dramatically over the last year, with the distinctive rise of e-learning or online learning. But even before the pandemic and lockdown restrictions, there was a global growth […]
In one of our recent articles, Whose information is it any way?, the ownership of client information was questioned. In the case at hand a broker requested information from a product provider, only […]
In one of our recent articles, Whose information is it any way?, the ownership of client information was questioned. In the case at hand a broker requested information from a product provider, only […]
