SA Corona Virus Online Portal Logo
CLICK HERE FOR MORE INFORMATION

Secondary

Tag Archives | Key Individual

Study

Key Individual Refresher Workshop – Bookings for Johannesburg now open

As a Key Individual, you are accountable for ensuring compliance with all relevant legislation applicable to your business. Keeping abreast of new regulations and changes to existing ones is indeed a formidable task, given the challenges of just keeping your practice afloat in these challenging times. Moonstone regularly offers Fit and Proper for Key Individual […]

Continue Reading
client_centric

Key Individual Operational Ability

The Fit and Proper Requirements 2017 published recently, also provides stipulations on operational ability. Billy Seyffert, COO of Moonstone Compliance and Risk Management, pointed out an important consideration for Key Individuals: A FSP must have at least one key individual per class of business in respect of which the FSP is authorized. This could be […]

Continue Reading

Key Individual Qualification Requirement

From enquiries we receive it appears that there is much confusion about qualification requirements for the appointment of key individuals. Much of this stems from the so-called transitional period before 2010 when allowances were made for the experience of people who were in the industry at the time. There is a special section on the […]

Continue Reading

Reinstatement of Debarred Key Individuals

I was recently approached by an ex key individual who was debarred by the FSB in response to information supplied by the bank who previously employed him. The reason for the debarment was not disclosed to me – I assume that it was something major in terms of honesty and integrity requirements. He claims that […]

Continue Reading