Secondary

Tag Archives | Proposed amendments

rules

Proposed Amendments to Policyholder Protection Rules

The FSB published proposed amendments to the Policyholder Protection Rules (“PPRs”) made under the Long-term Insurance Act, 1998 and the Short-term Insurance, 1998, respectively, for public comment. The proposed amendments form part of Tranche 2. The proposed amendments to the PPRs are necessary to align the PPRs with the Insurance Act, 2017 (Act No.18 of […]

Continue Reading
Code-of-Conduct

Proposed Amendments to General Code of Conduct: Sections 8 & 9

The Registrar has published proposed amendments to the General Code of Conduct for Authorised Financial Services Providers and Representatives, 2003 and proposed amendments to the Specific Code of Conduct for Authorised Financial Services Providers and Representatives conducting Short-term Deposits Business, 2004. The closing date for comments is 28 February 2018. A number of these amendments were briefly […]

Continue Reading
proposals

Proposed Amendments to General Code of Conduct

The Registrar published proposed amendments to the General Code of Conduct for Authorised Financial Services Providers and Representatives, 2003 and proposed amendments to the Specific Code of Conduct for Authorised Financial Services Providers and Representatives conducting Short-term Deposits Business, 2004. The closing date for comments is 28 February 2018. The 27 page document provides clarity […]

Continue Reading
Training

Future Product Training

The latest proposed amendments regarding intermediary proficiency stem from a review of the competency framework, and aims to build on the existing requirements by establishing an effective and proportionate regulatory framework to ensure that financial services providers: have the right levels of product related knowledge meet appropriate standards of professionalism and undergo continuous professional development […]

Continue Reading