ICC developments and future risks for Kenya
Wednesday, August 19, was a busy day at the International Criminal Court (ICC) in The Hague. The ICC’s judges made two calls that could potentially have an impact on political risk in Kenya. […]
Stricter reporting obligations for crypto-asset transactions
From 1 March, new frameworks will impose expanded due diligence and information-exchange obligations on exchanges, custodians and banks.
Wheels of justice grind slowly
The latest decision by the FSB Appeal Board concerns a case where the Registrar debarred the appellant for a period of three years from rendering financial services in terms of Section 14A(1) of […]
RAs in the world of simple and cheap – Patricia Holburn
You can be young without money, but you can’t be old without it. Tennesse Williams Retirement reform, RDR and TCF all speak to better outcomes. Old style, conventional retirement annuities have been singled […]
RE: Preventing Cheating
The terms and conditions, which candidates are obliged to sign prior to writing the exam, contain a number of rules to prevent cheating. Here are some which you need to be aware of: […]
RDR and CPD – What to do now?
I received a call from a reader last week asking for advice on which of the three proposed adviser models would suit his situation best: independent, multi-tied or tied adviser? Of the 55 […]
Inseta Learning Material
The Inseta website underwent a facelift, and learners wishing to download the preparation material for the regulatory exams may experience some difficulty in finding it. Click on this link to go directly to […]
Private Practitioners take on Genesis
TimesLIVE reports that the medical aid scheme’s attempt to reduce the amounts payable for prescribed minimum benefits met with resistance from the SA Private Practitioners’ Forum who claimed that the scheme’s financial statements […]
Likelihood of Financial Prejudice
We discussed the importance of when a client’s right to lay a complaint with the FAIS Ombud expires in last week’s Moonstone Monitor. To recap: a client has three years to approach the […]
O Captain! My Captain!
Contrary to popular belief, this poem by Walt Whitman is not about the late Robin Williams in the Dead Poets Society, but about the death of Abraham Lincoln. O Captain! My Captain! our […]
Important Exam Day Requirements
Our website contains a more detailed document of what is required. The following is a short extract of some of the problems regularly encountered by our exam venue staff: Attendance Candidates are required […]
Miss-Selling Allegation Countered
The Lewis Group indicated that it will refund a total of R69 million in premiums and interest to pensioners and self-employed customers who were sold policies for loss of employment, which would, of course, […]
Is there still a place for endowments? – Patrick Cairns
For many younger investors and IFAs, the idea of endowment policies seems a little old fashioned. These were vehicles that our grandparents used before collective investment schemes effectively democratised investing. Their reputation was […]
New Suez Canal opening highlights conformity, rights restrictions in Egypt
The Suez Canal’s new extension was inaugurated on Thursday, August 6, in a ceremony that burst with nationalist pride. The extension involved dredging a 37 km waterway that runs parallel to the existing […]
Recurring RE Problems
Our Regulatory Exam department listed the following recurring problems which can be prevented with a little more care: Candidates register with only one name when they have two or more. This results in […]
Financial Sector Regulation Bill Update
Legalbrief Policy Watch reports that the Financial Sector Regulation Bill is expected to be tabled in Parliament later this month. The report also states: “Several references in the briefing document to a ‘Market […]
Summertime and the levies ain’t easy
I am sure that many readers will sing along with this version of the old George and Ira Gershwin classic. The 2015 levy invoices will be mailed by 30 September 2015 and will […]
Time Barring on FAIS Ombud Complaints
A recent appeal tested whether the FAIS Ombud was correct in finding that the appellant’s complaint was time-barred in terms of section 27 of the FAIS Act. The appellant lodged a complaint, claiming […]
