Taking Stock
Reaction to the recent introduction of the E-Toll system in Gauteng reminded me of a similar sense of indignation a few years ago when the regulatory examinations were announced. Many people in the […]
RAF faces claims surge if form falls
SCOPA says the RAF 1 form may have kept claims out of the system, leaving the Fund exposed to a wave of unrecognised liabilities if it is set aside.
Would the real KP please stand up!
From being the dominant force in recent battles, the England side capitulated like only they can. They now find themselves staring down a barrel, being 2 nil down in this prestigious and historical […]
Tata Madiba
Die laaste groet van ‘n pa is tegelyk ‘n familie en ‘n persoonlike saak. Saam met die gesin kom gedeelde verlies, maar dis in die binne-hart waar die groot seer lê. Reguit praat […]
FSB Compliance Department Annual Report
The FAIS Compliance Department’s goal is tasked with ensuring that all FSPs are held to a high degree of compliance with the FAIS Act. The Department is also committed to instil the goals […]
Quiney announces his arrival
Quiney announces his arrival Quinton de Kock has arrived in empathic style, knocking 3 ODI tons within a month, two of which were back to back against the world number 1 ODI team! […]
South Africa – Politics to slip into holding pattern
A great man has gone, a massive spirit has moved on. In the imaginary world of George Lucas and Star Wars it took the destruction of an entire planet to cause a “disturbance […]
Moonstone’s Compliance Report Workshop
All Category I FSPs who are not obliged to appoint a compliance officer are required to submit the prescribed compliance report for 2013 to the FSB by 28 February 2014. Our popular workshops […]
Moonstone Protector Now Online
We are excited to announce the launch of the new Protector Online System. Moonstone Protector is a support service for one-person FSPs who are not required to appoint a compliance officer, but require […]
RE Exams Statistics
We provide a link below for those who wish to study the latest statistics in more detail. We list some of the more interesting facts emerging from the figures. These figures relate to […]
FAIS Supervision Annual Report
The FAIS Supervision Department of the FSB supervises financial services providers (FSPs) in terms of a risk-based approach. In response to the changing face of the regulatory landscape, international trends and outcomes of […]
Proteas boast ICC selection
The announcement of the ICC test and ODI teams for the past year* rewarded the consistent performance of the Proteas with 4 places in the test side which underlines their status as the […]
Charges in Respect of Investment Policies
The Long-term Ombud recently published two examples of excessive charges on endowment policies which confirmed the view that a revision of product provider costs is possibly a bigger problem than advisor fees. This […]
Huge Fines after Commission Overpayments
Sanlam Developing Markets Limited and Channel Life Limited were fined R2 million and R1 million respectively for inadvertently contravening the regulations regarding maximum commissions payable. During the period 1 November 2008 to 21 […]
Proteas Host India
The much anticipated series between the Proteas and India is upon us. Although South Africans may feel cheated with the reduced tour schedule (3 ODI’s & 2 Tests), we must make the best […]
Zambia – Inflation edges slightly higher in November
The Central Statistics Office (CSO) of Zambia released its latest monthly report on Thursday, November 28. Consumer price inflation rose in November, halting a three-month decline since reaching a y-t-d high of 7.3% […]
Compliance Officer Presentation
The FSB’s presentation for compliance officers provided a lot of practical insight and advice. Whether you are an external or internal CO, there is a lot of food for thought and consideration on […]
Binder Regulations Update
One of the presentations at the FSB’s Regulatory seminar provided the latest information on binder regulations. After publishing three information letters, the Regulator requested information from insurers to determine the state of compliance […]
