Old Dogs and New Tricks
Old Dogs and New Tricks – Our marketing colleague, Divan Kleynhans, mentions that it was a good weekend for the Old Boys Club to put their hands up. Victor Matfield, Schalk Burger and the […]
Bonitas transition proceeds as administrators outline plans amid legal uncertainty
Sanlam and Momentum outline how they are managing workforce, operations, and risk as the Bonitas transition proceeds despite an unresolved court challenge.
Zambia – Policy rate, statutory reserve ratio raised amid kwacha concerns
The Monetary Policy Committee (MPC) of the Bank of Zambia (BoZ, the central bank) elected to raise the policy rate for the first time in eight months at their meeting held on February […]
Moonstone Training Services
Moonstone Intellectual Capital (Pty) Ltd is an INSETA accredited Training Service provider. We provide training solutions for FSPs in all major licence categories. As part of our holistic approach, we conduct a thorough […]
Verification of Qualifications
Prospective employers need to verify information supplied by applicants. There are various sources where such information can be obtained. FAIS related credits and queries Please visit the INSETA website on www.inseta.org.za. Click on […]
Introducing Ethics into your Practice
Managing your practice in terms of the FAIS Act and the General Code of Conduct may be time-consuming, but at least there is a set of rules to guide you. The advent of […]
Cricket Gods Abandon Proteas
How dramatic was that last hour! With only four overs to go, two fatal stabs by a limping Harris delivered the coup de grãce. The Proteas, in the past, managed to survive and […]
Business Protection for the One-Person Business
We often receive emergency calls for assistance from FSPs who suddenly discover that they are short a template or two. This usually happens when they complete their annual compliance report, or as a […]
Managing and Mitigating Risk in your Business
The FAIS Supervision Department of the FSB follows a risk-based approach in supervising financial services providers (FSPs). Licenced entities are categorised in five sectors, ranging from high impact to small FSPs, with the […]
A Lone Shark
The title of an article on Supersport reads: “Looks like Sharks will stand alone”, and possibly reflects the views of most South African fans at this stage of the Super 15 Competition. The […]
Leads Provision and the FAIS Act
The definition of an intermediary service was the subject of a number of discussions and reviews, including an article published by the FSB to provide clarity on what actually constitutes such a service. […]
Treating Customers Fairly and Complaints Management
Sometimes, something that appears insignificant can have rather important ramifications. The Regulator recently requested all registered short-term insurers who are members of the Short-term Ombudsman (OSTI) to provide full details of personal lines […]
South Africa – Taking back the centre from a weakened left
If President Jacob Zuma seems a little confused over who would be in charge after the May 7 elections, Minister of Finance Pravin Gordhan had absolutely no doubt as he set sail away […]
Oh to be at Newlands when the cricket is on
Who can ever forget this immortal uttering by the late Charles Fortune? Ryan Harris, Australian fast bowler, is something of an amateur author. His column in the Sydney Morning Herald contains some pointers […]
Not quite TCF?
The fair treatment of clients by certain product providers was recently questioned by Bruce Cameron in an article on causal event charges. A key part of ensuring proper market conduct is a new […]
Electronic updating of Representative Registers
FSBA financial services provider (FSP) must in terms of Condition 3 of its licence, inform the Registrar of Financial Services Providers (Registrar) within 15 days after any change to its register of representatives. […]
Het jou, Katvis!
Some of you may remember this expression from the cartoon series “Grootbek en Katvis” on TV in the early days when ou Grootbek tried to outsmart the wily catfish I used the very […]
Swaziland – What happens if Swaziland loses its AGOA eligibility?
In a little over three months the US government will put Swaziland under the spotlight and evaluate its eligibility for trade benefits under the African Growth and Opportunity Act (AGOA). The outcome is […]
