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.
In a recent media release, SABRIC, the South African Banking Risk Information Centre, on behalf of the banking industry informed bank customers about a scam known as ‘Business Email Compromise’ (BEC) where criminals […]
According to latest statistics, vehicle owners in Gauteng and KwaZulu Natal face the highest probability of being carjacked or having their vehicle stolen, while those in the Northern Cape, Free State and Limpopo […]
The Financial Intelligence Centre (FIC) recently had several queries from the media about whether it had acted lawfully in providing certain information to the Office of the Public Protector. “The FIC generally does […]
LegalBrief recently shared that comment is required by 27 September on a discussion document emerging from a routine mandatory assessment of National Credit Act regulations and identifying several possibly requiring amendment. According to LegalBrief […]
LegalBrief recently shared that comment is required by 27 September on a discussion document emerging from a routine mandatory assessment of National Credit Act regulations and identifying several possibly requiring amendment. According to LegalBrief […]
In more than two thirds of the Ombudsman for Short-term Insurance’s (OSTI) finalised complaints in 2018, consumers were dissatisfied with the insurer’s decision on a claim. In its Annual Report the Ombud reported […]
In more than two thirds of the Ombudsman for Short-term Insurance’s (OSTI) finalised complaints in 2018, consumers were dissatisfied with the insurer’s decision on a claim. In its Annual Report the Ombud reported […]
While Samsung and Koo are SA’s overall favourite brands, how did the financial services brands do in the TopBrands Survey? This survey, conducted by Kantar on behalf of Tiso Blackstar Group and the […]
While Samsung and Koo are SA’s overall favourite brands, how did the financial services brands do in the TopBrands Survey? This survey, conducted by Kantar on behalf of Tiso Blackstar Group and the […]
For the first time since the 2008 crisis, the wealth of households declined globally amid political uncertainties and fears of trade wars, according to the latest Allianz Global Wealth Report. The report shows […]
For the first time since the 2008 crisis, the wealth of households declined globally amid political uncertainties and fears of trade wars, according to the latest Allianz Global Wealth Report. The report shows […]
The latest South African Customer Satisfaction Index (SA-csi) for life insurance has just been released and it shows who has the most satisfied customers in the country. According to Consulta that conducted the […]
The latest South African Customer Satisfaction Index (SA-csi) for life insurance has just been released and it shows who has the most satisfied customers in the country. According to Consulta that conducted the […]
With the release of the Annual Report of the Long Term Ombud earlier this year, Deputy Ombudsman Jennifer Preiss mentioned that her office noted a steady increase in complaints about funeral policies. In […]
With the release of the Annual Report of the Long Term Ombud earlier this year, Deputy Ombudsman Jennifer Preiss mentioned that her office noted a steady increase in complaints about funeral policies. In […]
Based on the just released crime stats, Dialdirect Insurance shared trends that are evident from their claims data with the media. “Homes that aren’t thoroughly secured, have only one security measure in place […]
As of 1 October 2019, all banks and credit bureau listing related complaints, involving banks, will fall under the jurisdiction of the Banking Ombudsman. All non-bank related credit bureau complaints will still be […]
