
High Court rules construction guarantees fall under insurance law
Judgment confirms that such guarantees require licensing under the Insurance Act, resolving a long-running classification dispute.

Judgment confirms that such guarantees require licensing under the Insurance Act, resolving a long-running classification dispute.

Early preparation will ensure agility and competitiveness once the new regime takes effect.

Early preparation for COFI will give firms a competitive edge and help to avoid the compliance scramble seen during FAIS implementation.

As the COFI Bill edges closer to becoming law, practice management expert Anton Swanepoel urges smaller FSPs to define their size early to unlock the benefits of proportional regulation.

The FSCA is preparing for the massive task of migrating about 12 500 financial services providers into the new COFI framework.

Bank Zero’s chief executive agrees that the Corporation for Deposit Insurance has the potential to boost the competitiveness of the new digital banks.