Cybercriminals ramp up their attacks on tax practitioners

SARS responds to reports of hackers accessing practitioners’ eFiling profiles, removing clients, and changing banking details.

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Let’s start at the very beginning

This line from “The sound of music” applies equally well to those who have written the level 1 REs on several occasions and failed. It may be wise to stand back, review what you […]

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Will History Repeat Itself?

I want to take you back to 17 May this year. The Sharks recorded one of their finest victories ever on this day when they broke the SA drought against the Crusaders in […]

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Fourth Ombud Ruling on RVA Fund

The office of the FAIS Ombud published its fourth determination against a financial advisor on Friday. In essence, it found that, in four all instances, the losses suffered by investors resulted from clients […]

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Appeal Process

The FSB provided the following guidelines for RE candidates who wish to appeal: Candidates have the right to lodge an appeal in respect of the regulatory examination. Appeals are directed at the content […]

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Proteas Break the Mould

On Thursday, I had to swallow my words when JP Duminy and the tail-enders batted South Africa to a match-winning first innings total. This was followed by the bowlers, spearheaded by Dale Steyn, […]

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Sixty Years on

This Elton John song came to mind when I read two publications on retirement planning last week: “Who’ll walk me down to church when I’m 60 years of age/When the ragged dog they […]

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Healthcare Product Proposals

Business Day recently published the views of some prominent players in the healthcare industry in response to the draft demarcation proposals published by the national treasury recently. “…some proponents of regulation — such […]

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Proposed Amendments to Insurance Binder Regulations

The National Treasury (NT) and Financial Services Board (FSB) requested public comment for the proposed amendments to Insurance Binder Regulations issued under the Short-term and Long-term Insurance Acts published in Government Gazette No. […]

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Sharks take on Scots

Well, I thought to myself, if this Kiwi team wants to take its name from the Highlands of Scotland, they had better live up to the glorious past they choose to represent. The […]

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The FSB and Unlicensed Entities

A reader recently queried whether the FSB is entitled to request documentation from a non-licensed entity: I have a small business where we book appointments for Financial Consultants to meet with new prospects. […]

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Update on Retirement Reform Proposals

A recently published article on SA Government Online addresses public concerns “…fuelled by rumours that Government will take away people’s hard-earned pensions and prevent them from accessing their funds.” “These rumours are based […]

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The long and winding road

Jake White was upbeat about the fortunes of the Sharks over the next few weeks after his side thrashed a willing Stormers team on Saturday. With limited possession, they managed to score the […]

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Healthcare Draft Regulations a “Death Spiral”

Business Day recently quoted Professor Alex van den Heever, chairperson of Social Security at Wits University as saying that the National Treasury’s latest proposals are “…poorly drafted and threaten to send the medical […]

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Credit Insurance under the spotlight

National Treasury and the Financial Services Board (FSB) published a document titled “Technical Report on the Consumer Credit Insurance Market in South Africa”. It called for comment by 30 September 2014 on proposals to address […]

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