Hakuna Matata
The Italian word “Andante” features in one of ABBA’s classic songs. Dictionaries define it as “a moderately slow” movement, usually in music. Closer to home, there is also a Swahili term, Pole-pole, which […]
Legal precedent set as Odendaal’s assets forfeited in Steinhoff fraud battle
The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
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Who can it be now?
The title of Men at Work’s song sums up the uncertainty in the minds of rugby lovers as we contemplate the outcome of the final two games of RWC 2015. Argentina/South Africa This […]
Beneficiaries on Life Policies
This article is made available with the kind permission of Van der Spuy and Partners. Jeremy is recently divorced and has just started dating again. This got him thinking about his future and […]
Just do it
Candidates who are required to write the Level 1 before the end of June next year should not leave it till the very last moment. Not all those who write pass at the first […]
Costly FICA Transgression
The latest Enforcement Committee order, against a stockbroking firm, should act as a warning to all financial services providers to ensure that they comply with the requirements of the Financial Intelligence Centre Act […]
Contradictory Interpretations
The latest issue of the Short-term “Ombudsman’s Briefcase” contains an interesting case which highlights again the difficulty of complying with varying interpretations by overseeing bodies. We recently commented on two FAIS Ombud determinations […]
South Africa’s ‘Strawberry Statement’
This past week, tens of thousands of mainly young South African university students protested against proposed fee increases next year. Their actions under the #FeesMustFall banner signalled the beginning of a protest movement […]
Amended RE Terms and Conditions
The FSB just released a document containing amended terms and conditions applicable to the Regulatory Exams. It clarifies several issues with which candidates experienced problems in the past and is applicable with immediate […]
Compliance Considerations
Are you, as an experienced financial services provider, equally well equipped to manage the challenges confronting your business? The constant raft of regulatory changes necessitates a professional research and development function in even […]
Can this Springbok squad pull off another 1995?
Many people regard the 2015 RWC as the finest tournament ever, a sentiment I fully endorse. Thus far, 257 tries were scored, versus 201 penalties, which explain the positive sentiment. A total of […]
Is an employee settlement agreement bulletproof?
This article is made available with the kind permission of Miller’s Incorporated. “My business recently had to pursue disciplinary action against an employee. This was a difficult decision and process but we eventually […]
Social Security Reform Discussion Paper
A draft response document to comments received from stakeholders and members of the public on this year’s proposed taxation laws and tax administration laws amendment Bills was published on 15 October 2015 by National Treasury […]
Industry Opportunities and Challenges
Earlier this year, Insight Discovery, a Middle East based strategic research company, in conjunction with Moonstone Information Refinery, conducted the first South African Investment Panorama survey. The purpose of the exercise was to […]
Zimbabwe making progress on external debt but struggling with deflation
Finance Minister Patrick Chinamasa is telling everyone who wants to listen that his visit to Peru last week was a success and that Zimbabwe will have its external debt arrears cleared by April […]
Moonstone Protector Compliance Service
The dilemma facing financial services practices who are not obliged to appoint a compliance officer were highlighted recently by a rather frantic call from a one-person FSP after being informed by the FSB […]
Appeal Board Decision
It is not often that a determination by the FSB Appeal Board reveals some of the sad human realities of our society. The Appellant was debarred for two years for submitting false applications. […]
