Compliance Officer RE Obligations
We requested clarity from the FSB on the interpretation of the various publications on this matter. Two of my colleagues at Moonstone Compliance then very kindly drew up the table below which certainly […]
FSCA licenses most crypto provider applicants – as enforcement tightens
The rising number of investigations and inspections underline a shift from registration to active supervision.
Morgan Stanley Changes Financial Adviser Model
ThinkAdvisor, an American newsletter, recently published a very informative article on the views of Morgan Stanley on how financial advisers need to adapt to succeed in the future. Its views on robo-advice, gen […]
Regulating social media abuse in the workplace
This article is published with the kind consent of Van der Spuy & Partners. Dit is ook in Afrikaans beskikbaar. “I have a growing concern, not only about the time my employees are […]
Banking’s role in inclusive growth
WEF Africa 2017 has officially drawn to a close and over the past 3 days it has been very encouraging to see how many global stakeholders in Africa have a genuine interest in […]
Appeal Board and powers of the Registrar to debar
The decision in the Hlumbane case by the Appeal Board of the FSB provides very interesting information about the Board’s powers in terms of decisions made by the Registrar of Financial Services Providers, […]
Fintech and proposed reguIatory changes
At a recent presentation, Seshree Govender, an associate in the financial regulatory practice at Webber Wentzel, commented on how fintech companies may be affected by regulatory changes in the financial services industry. Based […]
Business from Unclaimed Benefits
An article in the latest issue of Insurance Gateway may be of great value to both advisers and their clients. It appears that there is an estimated R20bn in unclaimed benefits across 3.5 million […]
What keeps the LT Ombudsman awake at night? Part 2
From the Long-term Ombud’s 2016 annual report: The Assessors and Adjudicators in the Long-term Ombud’s office were canvassed about the issues that currently fall into this category. Last week we discussed “Bad Bargains” […]
Financial Intermediaries Association Awards
The 19th annual FIA Awards reflect the views of intermediaries in terms of how they were treated by product providers under the headings product quality, service quality, relationship quality and overall satisfaction. The […]
Public-private partnerships can contribute
How public-private partnerships in the savings industry can contribute to inclusive growth Against the backdrop of the NDP vision and consequent critical actions, the SA economy has enormous unmet infrastructure demands and a […]
Guidance for Hedge Funds
The Financial Services Board published guidelines on requirements for advertising, marketing and information disclosure applicable to Hedge Funds. Following the declaration of hedge funds as collective investment schemes, all hedge funds are required […]
The Appeal Board of the FSB
Twenty four determinations were issued by the FAIS Ombud in the 2015/2016 financial year, half of which concerned short-term insurance products. Settlements, where respondents “pleaded guilty” amounted to a staggering 1 150. So far, […]
What keeps the LT Ombudsman awake at night? Part 1
From the Long-term Ombud’s 2016 annual report: The Assessors and Adjudicators in the Long-term Ombud’s office were canvassed about the issues that currently fall into this category. The following are some of the […]
Next DOFA deadline looming
30 June 2017 is the so called DOFA date for candidates who are obliged to write and pass the Regulatory Examinations (REs) within the prescribed period. A candidate’s date of first appointment (DOFA) […]
NHI Update
A report in Business Day quotes Health Minister Aaron Motsoaledi as saying that he will present a revised version of the National Health Insurance (NHI) white paper to a cabinet subcommittee on Tuesday, […]
Chatbots and the Future of Insurance
If your insurance business or brokerage does not have a digital component to its overall strategy you are what we would call a sitting duck. The fact is, tomorrow’s insurance is here. It […]
