The proposed reforms could require significant operational changes for insurers, but industry experts believe they address only part of the problem.
The Tobacco Industry and Marketing Board (TIMB) has reported a y-o-y decline in tobacco prices since auctions started on February 19. Farmers have received on average $2.87/kg compared to a figure of $3.42/kg […]
There are a wide variety of compliance service providers in the financial services industry, which makes it difficult to compare apples with apples. We list below the services offered by Moonstone, and a […]
From the February 2014 edition of the Asisa’s Dispatches: A number of members and stakeholders have asked us to provide context to the announcement by Finance Minister Pravin Gordhan as part of his […]
T20 World Cup This competition sees the top twelve national cricket sides come together for two fast and furious weeks of T20 cricket action. To join us in the fun prediction pool, please […]
Foreign FSP Registration A Foreign representative is recorded on the Registrar’s database using his/her passport number as identification. Unfortunately, each time a passport is renewed, a new passport number is issued. The Registrar’s […]
This topic is covered in FAIS Newsletter 16, published on 13 December 2013. It is of particular importance to FSPs who tend to think that complying with the FAIS Act and the General […]
A recent determination by the Pension Funds Adjudicator concerns an employer’s decision to instruct the administrator of the pension fund to withhold the complainant’s withdrawal benefits after terminating his service. In their response […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
