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Tag Archives | conduct of business

Report

New Draft Conduct of Business Report

The Financial Sector Conduct Authority (Authority) intends to replace the current compliance reports with the proposed Conduct of Business Report (COBR) that was published for public comment on the official web site of the FSCA. The proposed COBR was necessitated by the changing regulatory landscape and the focus on outcomes based regulation and proactive supervision. […]

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FSB-Building

Conduct of Business Regulatory and Supervisory Developments

The FSB Insurance Division’s recent Seminar focused on planned conduct of business regulatory and supervisory developments in the insurance sector. Many of these developments are driven by three overarching objectives, including redesigning the organisational framework, establishing a robust regulatory framework and increasing the focus on transformation in the financial services industry. The importance of improving […]

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reform

Conduct of Business Reforms in 2017

At the conclusion of the Insurance Regulatory Seminar last year, Mr. Jonathan Dixon, Deputy Registrar of Insurance at the FSB, indicated that 2017 will be a year of substantial change. The huge amount of information published as late as 28 December 2016 confirms this. Over the last few years, a number of regulatory reform initiatives, focussed on […]

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Reports

Conduct of Business Reports

The FSB intends replacing the current FSB compliance reports with Conduct of Business Reports (COBR) and has called for industry input on the proposed document. The content and format of the proposed COBR differs significantly from the previous reports as a result of the changing regulatory landscape and the focus on outcomes based regulation and […]

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reform

Proposed “conduct of business” regulatory reforms

The 7th Insurance Regulatory Seminar is one event not to miss if you are involved in the financial services industry. This year’s seminar was certainly packed with important information. There can be no doubt that a lot of what was discussed over the past few years will come to fruition in 2017. While parliamentary requests […]

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