The FSCA’s latest action highlights the regulatory risks for individuals who may have been linked to the BHI Trust scheme.
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, […]
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 […]
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 […]
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” […]
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 […]
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 […]
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 […]
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, […]
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 […]
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) […]
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, […]
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 […]
The FSB confirmed that it is investigating unusual trading in foreign exchange futures contracts after receiving a report from the Johannesburg Stock Exchange (JSE). The Regulator’s Department for Market Abuse (DMA) is currently […]
It sometimes seems that the old colonial approach of “Divide and rule” was replaced in Africa by “Delay and rule”. Almost a year after the Bill was first passed in Parliament, the President […]
The latest proposed amendments regarding intermediary proficiency stem from a review of the competency framework, and aims to build on the existing requirements by establishing an effective and proportionate regulatory framework to ensure […]
This article, published in September last year, is even more relevant today. A reader recently wrote: My query relates to the article headed “Qualification deadline at hand – 30 June 2016 is a very important […]
