Unnoticed changes to documents crucial to BI dispute between mall owners and insurers

The contract went through 10 iterations between July 2019 and March 2020, with the term ‘infectious and contagious diseases’ variously in or out.

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SARS Grawe nog Dieper in Jou Rekords:

My kollega wys my gister ‘n e-pos wat hy van sy bank ontvang het oor verdere stappe wat SARS implementeer om belastingbetalers se eerlikheid te toets. New SARS requirement: Your home loan balance […]

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Updating your Compliance File

A reader recently asked how regularly one is obliged to review one’s compliance documentation. The answer appears to be: as and when required. Interestingly, (or perhaps not surprisingly), it appears to be implied, […]

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FSP Numbers

The latest figures showing suspensions and cancellations of FSP licences, as well as the reinstatement of authorisations, was published yesterday. The overall tally was a gain for the industry, with 159 suspensions being […]

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Just that good!

The final test against Pakistan starts tomorrow and although the series may have already been decided, I am of the view that it will still prove to be a cracker of a game. […]

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Submission of Financial Statements

Those FSPs whose financial year ends on 28 February, received a reminder from the FSB about the deadline for the compulsory submission of their financial statements.. The Regulator’s website contains guidelines on how […]

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Perfecting the 4 day test

Unfortunately, I did not get to see any of the cricket as I spent the weekend on the West Coast without TV and cell reception. Heaven! On my return on Sunday afternoon, I […]

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Perfect Vision in Hindsight?

Does the benefit of hindsight count against advisors in so far as the FAIS Ombud is concerned? This is what went through my mind when I read the latest determination by the Ombud. […]

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The Real Cost of Compliance

This article appears in the December/January 2013 edition of INVESTSA Remember the spaghetti western “The Good, the Bad and the Ugly”? In one scene, Eli Wallach, on horseback, leads Clint Eastwood, on foot, […]

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Comment on 2013 Draft Compliance Reports

The FSB invited comment on the draft 2013 compliance reports published on their website. Changes for 2013: • There are no substantial changes to the content of the reports. Some of the changes include […]

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Action against RE Defaulters

FAIS Circular 2 of 2013 contains details of the action to be taken against those who failed to comply with the requirement to write the regulatory exams by the end of June last […]

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FSB Communications

RE Support Workshops The FSB will be running a limited number of Assistance Workshops, identical to those currently presented by Inseta. This is to accommodate those candidates who were unable to attend the […]

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Sharks in Shallow Waters?

Looking at the fixture list for the Super 15 series, the Sharks, like the Stormers, face a rather hectic schedule at the start of the tournament. They play the Cheetahs in Bloem, the […]

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