In a note to Moonstone compliance officers, Billy Seyffert, COO of Moonstone Compliance and Legal notes: “These are some of the most important changes since the 2017 F&P changes.” The Financial Sector Conduct […]
The legislation that aims to promote the protection of personal information processed by public and private bodies and seeks to balance the right to privacy against other rights, such as access to information, […]
The Joint Directive issued by the Authorities on 9 April 2020 under Alert Level 5 was withdrawn and replaced with Joint Communication 7, which sets out how financial institutions must comply with the Occupational Health and Safety Directives, […]
Cabinet has approved the tabling of the Financial Sector Laws Amendment Bill, 2020, in Parliament. According to Treasury, the Bill is part of the Twin Peaks reform of the financial regulatory system applicable […]
Cabinet has approved the tabling of the Financial Sector Laws Amendment Bill, 2020, in Parliament. According to Treasury, the Bill is part of the Twin Peaks reform of the financial regulatory system applicable […]
Towards the end of last year, a judgment by the Grahamstown High Court made it unlawful for banks to bring National Credit Act matters before the high court instead of the much cheaper […]
The contentious issue of projections at point of sale versus actual maturity values came to the fore again in a recent Tribunal ruling on whether the Pension Fund Adjudicator was correct in agreeing […]
The contentious issue of projections at point of sale versus actual maturity values came to the fore again in a recent Tribunal ruling on whether the Pension Fund Adjudicator was correct in agreeing […]
In a case study shared in the recently published OSTI annual report, the issue to be determined was whether the insurer’s offer of settlement amounted to indemnification on the part of the insurer. […]
In a case study shared in the recently published OSTI annual report, the issue to be determined was whether the insurer’s offer of settlement amounted to indemnification on the part of the insurer. […]
In the wake of what appears to be a substantial number of complaints regarding loss of income due to business interruption as a result of Covid-19, the Office of the Short-Term Ombud has […]
In the wake of what appears to be a substantial number of complaints regarding loss of income due to business interruption as a result of Covid-19, the Office of the Short-Term Ombud has […]
Towards the end of last week, the Financial Sector Conduct Authority (FSCA) published a draft Conduct Standard and supporting documents on the Requirements related to the payment of pension fund contributions. According to […]
Towards the end of last week, the Financial Sector Conduct Authority (FSCA) published a draft Conduct Standard and supporting documents on the Requirements related to the payment of pension fund contributions. According to […]
No doubt, most readers will heave a sigh of relief that this is not yet another Covid-19 related article. The link between disciplinary and debarment hearings appears to be a major minefield for […]
In 2016 the Johannesburg High Court ruled that a living annuity does not form part of a spouse’s estate for purposes of calculating the accrual claim. This ruling has now been overturned by […]
A communication issued on 21 April 2020 sets out the Financial Sector Conduct Authority (FSCA), South African Reserve Bank, Prudential Authority (PA) and Financial Intelligence Centre (Authorities) position concerning the Covid-19 pandemic and […]
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