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Tag Archives | review

debt.2

Important debt review ruling – Can court release consumer from debt review agreement?

LegalBrief reported yesterday that the Gauteng High Court (Johannesburg), in a judgment written by Judge Roland Sutherland, has confirmed similar rulings in the Western Cape, KZN and Limpopo divisions, that the High Court does not have jurisdiction to release consumers from debt review. According to a Business Day report the judgment stems from an application […]

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Performance-Review

Long-term Ombud Performance Review

Judge Leona Theron, a judge of the Supreme Court of Appeal and Chairperson of the Long-term Ombudsman Council, made mention in the 2015 annual report of an independent review of the office of the Ombud. Dr E de la Rey was appointed to conduct a performance audit which entailed an in-depth investigation and a qualitative […]

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script

Actions flowing from Binder Thematic Review findings

The review focused on 4 main areas: Compliance of binder agreements with regulatory requirements Governance and oversight of binder arrangements Reporting systems and access to information; and Binder fees paid to non-mandated intermediaries (“NMI’s”). The second part of the document outlines how the Regulator intends addressing issues arising from its investigation. Compliance of binder agreements […]

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