Treasury makes some concessions on drastic tax proposals
Update on draft legislation: the requirement for foreign employers to withhold PAYE, Practice Note 31, and the foreign business establishment exemption.
OMNI-CBR will be embedded in new supervisory technology platform
Financial institutions are advised to pause their internal Conduct of Business Return initiatives pending further communication from the FSCA.
Become an effective manager: webinar on tackling poor workplace performance
Moonstone Compliance’s free webinar will provide you with the skills to investigate and manage poor performance.
Time is running out to apply for a crypto asset licence
One can continue to render crypto asset financial services if the application is submitted by 30 November.
‘Due care and diligence’ at the centre of BHI Trust probe – FSCA
The FSCA’s investigation into FSPs who might have suggested the trust to their clients aims to assess whether these providers took into account suitability and risk factors.
Survey unpacks corporate taxpayers’ perceptions of Sars’s service
The results indicate an improvement in the level of service since 2018, but many taxpayers say it has become harder to comply with their obligations.
Higher level of compliance by individual taxpayers this filing season
But Sars has identified categories of non-compliant taxpayers who face penalties and legal action if they don’t come clean.
Two pots: six critical pillars financial advisers need to know when guiding their clients
While the two-pot retirement system will improve longer-term retirement outcomes, customers must be guided on the pitfalls of early access.
FAIS Ombud thanks FSPs for their co-operation to resolve disputes
The Ombud aims to issue determinations only as a last resort.
Cyber insurance: ‘brokers have their work cut out for them’
Business owners may be labouring under a false sense of security when it comes to the extent of their liability cover.
Student Hero takes the strain out of applying for education funding
Students who enrol with MBSE have four options to fund their studies. This week, we look at what Student Hero offers.
Case studies of settlements facilitated by the FAIS Ombud
In two cases, the representatives did not advise the clients adequately of terms that were material to the products’ benefits.
Financial services group highlights the role of the private sector for NHI to work
Adrian Gore says private sector funding is essential to maintain the quality of the healthcare system.
Discovery Health will seek contempt order against the RAF and its CEO
The administrator says the Fund has not complied with the Constitutional Court’s ruling handed down last month.
Transnet Retirement Fund interdicted from paying R8.9m in benefits to former executives
They are accused of inflating the price of disposable breathalyser straws from 29 cents to R29.99 a straw, resulting in a payment of R33.8m.
FIC highlights money laundering risks in the accountancy sector
The aim of the draft risk assessment is to help accountants understand the sector’s money laundering and terrorism financing vulnerabilities.
More amendments on the table to get SA off the grey list
One of the amendments will allow Sars to share taxpayer information with a wider range of government agencies.
OUTsurance agrees to sell investment platform to Alexforbes
OUTsurance indicated earlier this year it was considering selling OUTvest, which has not met growth expectations.
