This very welcome FSB publication, published on 30 June 2015, contains a lot of need-to-know information.
Some topics were covered in our publications before, but this is an excellent document to keep in a safe place for future reference.
Of particular interest to readers will be the articles on debarment, the update on REs and CPD, as well as the initial feedback on the special compliance report for Long-Term Insurers who are also FSPs. This audit was conducted to test, amongst others, the impact of sign-on bonuses on churning.
We will discuss the above articles in future newsletters, but urge readers to download FAIS Newsletter 17.
The newsletter also contains the FAIS Department Contact Details, which include telephone numbers and an updated list of email addresses. It is very important that you address queries to the right address to prevent inevitable delays when your correspondence has to be re-directed. The link above contains this information for easy reference.
