Godongwana defends the banks’ right to close accounts
Financial institutions will participate in evaluating improvements to Conduct Standard 3 of 2020, aligning these efforts with the COFI Bill.
FSCA slaps Banxso and directors with record R2bn fine
The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.
Retirement fund trustees face personal liability for cybersecurity non-compliance
With the Joint Standard on Cybersecurity and Cyber Resilience set to take effect in June, trustees could be held personally liable for losses due to data breaches.
AI in legal research under scrutiny after fake case citations
The Legal Practice Council has been asked to investigate a law firm’s reliance on potentially fabricated case law references, possibly generated by artificial intelligence.
Rising risks and rewards: the shift to asset-intensive reinsurance in the insurance sector
As insurers increasingly turn to alternative assets and cross-border reinsurance, industry experts highlight the growing complexities and risks.
2024’s lessons for business resilience: 5 strategies for thriving amid uncertainty
Businesses faced a whirlwind year of challenges and opportunities in 2024. Business Partners has five critical strategies owner-managers can adopt to build resilient, future-proof businesses in this unpredictable environment.
DBE to publish matric results amid R5 million fine for privacy breach
The Department of Basic Education is at risk of a R5 million fine for violating privacy laws, with ongoing debates over student consent and personal information protection.
South Africa’s global minimum tax: a game-changer for corporate taxation
The Global Minimum Tax Act aims to level the playing field for multinationals while potentially adding R8 billion to South Africa’s tax base by 2027.
Top achievers share insights on excelling in short-term insurance qualification
Top achievers in the Higher Certificate in Short-Term Insurance (HCSTI) qualification exams, credit the qualification with deepening their industry knowledge and advancing their careers.
Social media scam peddles fake RE5 exam certificates at a discount
Fraudulent RE5 exam certificates were recently advertised on Facebook, sparking a public warning from the FSCA about regulatory exam fraud.
Compensation Fund vs Netcare: High Court judgment exposes deep fault lines
The battle over the alleged dysfunctionality of the Compensation Fund’s CompEasy system raises urgent questions about policy, functionality, and fairness.
Court orders scorned lover and his wife to pay R3.5m for revenge porn
A recent court ruling on a revenge porn case highlights the complex intersection of cybercrime, defamation, and privacy laws.
School costs soar: smart tips for stretching your budget this year
With education costs climbing faster than inflation, parents can ease the financial burden of back-to-school season by planning ahead, saving smartly, and prioritising essential expenses.
FPI Convention 2025: An overview of some of the stand-out sessions on the first day of the FPI’s annual convention.
Mark Bechard, the managing editor of Moonstone Publications, provides an overview of some of the stand-out sessions on the first day of the Financial Planning Institute’s annual convention on 3 and 4 November […]
Discovery to appeal ‘far-reaching’ judgment in favour of RAF
The High Court says Discovery Health misconstrued the scope of the judgment that set aside the RAF’s first directive on the payment of medical scheme members’ claims.
How the dispute between the RAF and Discovery unfolded
Discovery Health’s quest for reimbursement from the RAF for medical expenses incurred by road accident victims has faced multiple legal hurdles, with new RAF directives complicating the situation.
Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025
Billy Seyffert unpacks 2024’s major compliance changes, from the two-pot retirement system to cybersecurity standards, offering practical advice to stay ahead in 2025.
Bill proposes wide-ranging changes to strengthen AML regime
The amendments to the Companies Act, FICA, and the Financial Sector Regulation Act are designed to close regulatory gaps and enhance enforcement.
