Misrepresentation on proposal form
– Impact on insurer’s risk assessment Detail in recording risks is critical at the inception of any insurance proposal as this may impact on a number of areas, including future claims under such […]
Appeals Board ruling puts Centriq–Dis-Chem partnership on the line
In Circular 48, the CMS signals tougher enforcement against exempted insurers, warning that non-compliant branding and failure to notify regulators will attract decisive action.
FS Tribunal rules on late withdrawal of appeal
The introduction of the Financial Services Tribunal (FST) created a platform for the reconsideration of decisions by any decision-maker in the financial services sector. With the establishment of the Tribunal the prediction was […]
FS Tribunal rules on late withdrawal of appeal
The introduction of the Financial Services Tribunal (FST) created a platform for the reconsideration of decisions by any decision-maker in the financial services sector. With the establishment of the Tribunal the prediction was […]
Proposals for cryptocurrency regulation
Members of the public and impacted stakeholders have until 15 February 2019 to make submissions on policy and regulatory proposals for crypto assets. The Financial Intelligence Centre (FIC), Financial Sector Conduct Authority (FSCA), […]
Proposals for cryptocurrency regulation
Members of the public and impacted stakeholders have until 15 February 2019 to make submissions on policy and regulatory proposals for crypto assets. The Financial Intelligence Centre (FIC), Financial Sector Conduct Authority (FSCA), […]
Can the majority of trustees request a trustee to resign?
– Law firm sheds some light “I am a trustee on a family trust. I was recently informed by the other trustees that they are requesting me to resign as trustee. They did […]
Embrace the voice search revolution
Technology is all around us. It’s transforming our business and its transforming our personal lifestyle. This year we will see plenty of exciting new developments. One of these trends is “Voice Search”. In […]
New FIC Draft guidance note
– Update on ‘suspicious and unusual transactions and activities’ The Financial Intelligence Centre (FIC) has updated its existing guidance relating to suspicious transaction reporting (STR) in terms of section 29 of the Financial […]
Tribunal Debarment decisions – Why the increase?
Over the last few months we have seen an increase in debarment cases placed before the Financial Services Tribunal for reconsideration. Why? Has there been an increase in debarments? Has many of these […]
Registrar of Pension Funds Annual Report
What can we learn from the past? The Registrar of Pension Funds 59th Annual Report for the 2017 calendar year was published on 18 December 2018. Besides the industry statistical overview, performance of […]
Registrar of Pension Funds Annual Report
What can we learn from the past? The Registrar of Pension Funds 59th Annual Report for the 2017 calendar year was published on 18 December 2018. Besides the industry statistical overview, performance of […]
Proposed tax changes – What South Africans may expect
In a recent BusinessTech article, Jerry Botha, managing partner of Tax Consulting SA outlined five possible tax changes that South Africans should know about. National Health Insurance and medical aid credits There are […]
Can the Tribunal’s order override a FSCA decision – A recent Tribunal case sheds some light
A recent Financial Services Tribunal decision showcases the Tribunal’s powers in terms of section 234 of the FSRA. “Section 234(1)(a) of the FSRA 4 circumscribes the powers of the Tribunal with respect to […]
What Does Your Online Presence Say About You?
Have you “googled” your name? Do you come up on the first page of the search results? The fact is you have an online presence, either intentionally or unintentionally, or both. In a […]
What Does Your Online Presence Say About You?
Have you “googled” your name? Do you come up on the first page of the search results? The fact is you have an online presence, either intentionally or unintentionally, or both. In a […]
Cyber insurance – A first priority for SMEs
Late last year, Business Report shared that according to the global Cyber Exposure Index, South Africa currently has the sixth highest average exposure to cybercrime, with businesses in the industrial and financial sectors […]
Cyber insurance – A first priority for SMEs
Late last year, Business Report shared that according to the global Cyber Exposure Index, South Africa currently has the sixth highest average exposure to cybercrime, with businesses in the industrial and financial sectors […]
