Secondary

Tag Archives | FSCA

Extension of CPD deadline – Are you compliant yet?

The Fit and Proper Determination requires that certain individuals obtain a specified number of Continuous Professional Development (CPD) hours within an annual 12-month cycle between 1 June and 31 May of a specific year. The FSCA recently extended this year’s deadline to 31 July 2019 – a date that is just more than two weeks away. But what happens […]

Continue Reading
FSCA

FSCA – New appointment of Divisional Executive for Conduct of Business Supervision

Ms Kedibone Dikokwe has been appointed as the Divisional Executive: Conduct of Business Supervision, effective from 1 July 2019. This is the division that supervises the way financial institutions interact with their customers. In this role Ms Dikokwe will oversee the implementation of the FSCA’s supervisory program of financial products and service providers operating in […]

Continue Reading
Levies

Proposed levies on Financial Institutions – FSCA requests comments

According to Pam Saxby of Legalbrief Policy Watch, the FSCA has called for input by 21 June 2019 on proposed levies for the 2019/20 financial year to be imposed on a raft of affected institutions. This includes: pension funds, their administrators and adjudicators; retirement annuity funds; friendly societies; short-term insurers and Lloyd’s underwriters; long-term insurers; intermediaries; collective […]

Continue Reading
cpd-t

CPD requirements – Extended CPD activity explained

The publication of the FSCA’s FAIS Notice 35 of 2019 triggered a few questions in the industry. The FAIS Notice states that “FSPs, key individuals and representatives who are members of foreign professional bodies, are exempted from the CPD requirements to the extent that all reference to “CPD activity” in the Fit and Proper requirements […]

Continue Reading
trust

Earn 5 CPD hours – Register for “The Trust Dilemma”

In the absence of trust, no relationship can be sustained. Trust, therefore, forms the basis of any relationship. MBSE has developed a course to equip delegates with all the necessary tools and skills to establish, develop and maintain levels of trust in their relationships. The course is presented by Stefan Lessing, Executive Director at Tru-Heart […]

Continue Reading
workshop

FSCA Retirement Funds Workshop – Application for registration closes tomorrow

The FSCA’s Retirement Funds Supervision Division (RFSD) will be hosting a one-day workshop to provide guidance for trustees on some of the important aspects of the Pension Funds Act, 1956 and Financial Sector Regulation Act, 2017. Ideally, candidates applying for registration should be persons who are being groomed to become retirement fund trustees, persons who […]

Continue Reading