
Bookings are open for Moonstone’s 2024 Regulatory Update Webinar
The agenda includes FICA compliance, the roll-out of Omni-CBRs, and managing the risks around business email compromise.
The agenda includes FICA compliance, the roll-out of Omni-CBRs, and managing the risks around business email compromise.
The FSCA reiterates that copy or mirror trading amounts to unlicensed discretionary FSP business.
One of the businesses admitted to issuing more than 4 000 policies and collecting R14 million in premiums without having a licensed underwriter.
The Authority warns key individuals not to associate their names with ODP operators without knowing how they are conducting their business.
Jooste was more blameworthy than others because he deliberately contravened the law and was well qualified to understand his conduct’s implications, the FSCA says.
The FSCA is still waiting for him to make good on the reduced fine of R20m imposed in December 2022 for insider trading.
An application clause will provide for the Pension Funds Act to prevail over the Divorce Act where the Acts’ provisions conflict.
The Authority’s Statement on Consumer Vulnerability will inform its engagements with stakeholders, starting this year.
The FSCA’s inspection identified defects with the implementation of the RMCP and a failure to conduct a thorough client due diligence.
The response to the Centre’s appeal to submit the outstanding risk and compliance returns ‘is not good enough’.
You can break tax residency via the SARS tax emigration process or annually via the application of a double taxation agreement.
The Labour Court upholds AdviceWorx’s application to enforce its restraint agreements against advisers who joined Wealth Associates.
The Association for Savings and Investment SA and the Institute of Retirement Funds Africa also call for amendments not related to the two-pot system to be held over.
There are differences in the circumstances surrounding the debarments and the reconsideration applications.
If you earn above the threshold, certain provisions of three pieces of labour legislation no longer automatically apply.
The penalty is R8 215 a day, in terms of the Long-term Insurance Act or the Short-term Insurance Act.
‘The bloody hand does not inherit’ is an established common law principle, says the Pension Funds Adjudicator.
Notifications