The proposed reforms could require significant operational changes for insurers, but industry experts believe they address only part of the problem.
The FSCA has issued guidance for regarding employers who are unable to pay the full or any contributions on behalf of their employees to their retirement funds in accordance with section 13A of the […]
The services of the FSCA’s Licensing and Business Centre will continue to operate – Click here to view the available support during lockdown.
The services of the FSCA’s Licensing and Business Centre will continue to operate – Click here to view the available support during lockdown.
The Council for Medical Schemes (CMS) has announced that all cases of COVID 19 will be regarded as a Prescribed Minimum Benefits (PMB) condition, and should be funded in full in line with […]
All accountable institutions, reporting institutions and relevant persons (collectively referred to as a “reporter”) has an obligation to monitor, detect and report suspicious or unusual activities and transactions in terms of section 29 […]
All accountable institutions, reporting institutions and relevant persons (collectively referred to as a “reporter”) has an obligation to monitor, detect and report suspicious or unusual activities and transactions in terms of section 29 […]
The Financial Intelligence Centre (FIC) has published Public Compliance Communication 44 (PCC 44) which applies to accountable institutions (AI), reportable institutions (RI) and all other relevant persons. PCC 44 aims to provide guidance on the […]
The Financial Intelligence Centre (FIC) has published Public Compliance Communication 44 (PCC 44) which applies to accountable institutions (AI), reportable institutions (RI) and all other relevant persons. PCC 44 aims to provide guidance on the […]
Chances are good that you are currently worrying about how you will keep your team synchronised and productive while they work from home. The knee-jerk response by many leaders is to try and […]
Chances are good that you are currently worrying about how you will keep your team synchronised and productive while they work from home. The knee-jerk response by many leaders is to try and […]
In a recent FSCA Communication the FSCA acknowledges the impact of the Corona virus on South Africa in general and the financial services industry specifically. As a result, the dates for submissions of […]
As a result of the President’s announcement of a total lockdown, our Dedicated Response team has implemented more aggressive components of our Business Continuity Plan to further assist in the containment of the […]
In the FSCA’s latest communication guidelines were provided with regards to various regulatory requirements and deadlines. These include training and qualification requirements: Class of Business (COB) Training ● COB deadlines that were due […]
In the midst of individuals scurrying around, trying to understand how the 21 day lockdown will impact on them, the FSCA provided guidance on various arrangements in respect of submission of statutory returns and fit […]
Annexure B to the supplementary regulations published in respect of the National Lockdown includes the term “Insurance services” in the list of essential services. This term is unfortunately not defined anywhere further in […]
The way we work has in the past week or two been turned on its head. Many of us have been asked to work from home and team leaders suddenly need to deal […]
Individual South Africans can influence the COVID-19 mortality rate by doing all they can to slow down the spread of the virus. According to healthcare actuary Shivani Ranchod this is an “all-hands-on-deck” scenario […]
