CMS webinars for brokers, trustees, and medical scheme employees
The Council will provide a CPD-accredited training session for newly appointed healthcare brokers in August.
Draft AI policy scrapped after fake citation findings
Minister Solly Malatsi pulls the draft framework following confirmation that it includes unverified, likely AI-generated sources.
NCA Credit providers’ FICA obligations
In this video we delve into the NCR Credit providers’ FICA obligations. Featured in the interview is Gerrit Viviers Moonstone Compliance NCA Specialist with years of experience in the National Credit Act sector. […]
Discovery marketing material ‘misleads’ by inviting multiple claims for each new dread disease
The policy’s limitations show there are circumstances in which a policyholder cannot claim for a dread disease related to a prior claim, the ARB says.
Investors demand justice as alleged ‘Ponzi mastermind’ remains free
Victims of the Classic Financial Services scheme express dismay that director Cobus Geldenhuis remains at large amid accusations of defrauding investors.
Steinhoff former execs accused of reaping hundreds of millions through ‘fraudulent efforts’
The NPA indictment against former executives Stéhan Grobler and Ben la Grange details how they earned millions due to inflated share prices based on false profits.
FSCA provides an update on progress with the move to COFI
The Authority’s latest three-year Regulation Plan does not specify by when the three-phase transition project will be completed.
CCMA settlement agreement does not invalidate debarment
Tribunal highlights the distinction between the processes that fall under the Labour Relations Act and the FAIS Act.
Performance tool for IFAs in retail investment sector
Alexforbes’ recently launched Retail Manager Watch surveys provide a detailed analysis of the retail multi-asset class investment landscape.
New competition laws will impact small businesses
The regulations relate to commercial dealings among small businesses and agreements between suppliers, customers, and distributors.
Impersonation fraud skyrockets by 337%, targeting financial sector
Santam’s Jerry Chetty reports a troubling trend where fraudsters use social engineering to obtain policyholder information.
AI’s energy appetite to spark global capacity expansion
The increased use of AI will demand a major build-out of data centres and greatly increase electricity consumption.
Changes to aspects of FAIS Ombud’s approach to handling complaints
The new Rules also incorporate the proposal to raise the Ombud’s jurisdictional limit from R800 000 to R3.5 million.
How the Steinhoff Group propped up its profits
The National Prosecuting Authority’s indictment against former Steinhoff executives lays bare a ‘sophisticated washing machine’ that generated ‘entirely illusory profits’.
Discovery gap cover advert ‘should have made the waiting period explicit’
The ARB says the advert is misleading because it did not make it clear that the maternity benefit came with a 12-month waiting period.
Empowering small businesses: overcoming challenges with education and skills
Moonstone Business School of Excellence’s courses equip entrepreneurs with the essential knowledge and tools to navigate the complexities of running a business.
FSCA releases list of licensed crypto asset service providers
Not meeting the operational ability and competency requirements are the main reasons the Authority rejected licence applications.
Exiting the grey list before June 2025 is unlikely, says Treasury
The FATF did not discuss removing SA from the grey list but focused on the progress the country has made in addressing the 22 Action Items.
