Momentum’s NHI cost estimate is ‘mathematical hooliganism’, says Health Minister

Aaron Motsoaledi wants to engage with people who are in favour of universal health coverage but have objections to the NHI Act.

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Credit life insurance regulations published

Final credit life insurance regulations were gazetted on 10 February 2017 and are scheduled to come into force in August this year. Only credit agreements concluded on or after the commencement date will be affected. […]

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Demarcation of health insurance products

The demarcation debate started when the Council for Medical Schemes stated that the so called “hospital plan” insurance products contravened the Medical Schemes Act. What is a medical scheme? Medical schemes are non-profit […]

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Insurance Bill criticised by black business

Business Day reports as follows: A highly technical bill intended to strengthen the prudential regulation of the insurance industry was attacked by black business in Parliament on Tuesday for reinforcing the barriers to […]

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Reinstatement after Debarment

My husband was debarred almost 5 years ago, the reason for debarment was justified and fair. That said I do believe that he has paid enough for his mistakes. Recently an FSP approached […]

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Possible POPI Commencement Dates

ITWeb recently printed an article titled Regulatory quagmire awaits SA’s IT businesses which provides, inter alia, some idea of what we can expect in terms of the roll out of the Protection of […]

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Santam makes TCF decision

An Operational Circular titled “Settlement of claims on damaged or stolen vehicle tyres and shock absorbers/springs”, issued on 24 January 2017, provides a good example of Treating Customers Fairly in action. Commercial and Personal lines […]

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Filtering the Fintech hype

A tale of old banking, new banking and the missing wallet I was travelling in the UK earlier this year and I managed to lose my wallet. That is a horrible experience at […]

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Risk Involved in Short-term Home Rentals

The latest Mutual and Federal newsletter contains an article by SA Property News of interest to brokers and their clients who make use of facilities like AirB&B to rent out their houses and […]

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Legislative Instruments under the FSR Bill

In an informative assessment of the Financial Sector Regulation Bill, Alan Holton, an associate of Moonstone Compliance, wrote: “The Bill makes provision for the Prudential Authority and Financial Sector Conduct Authority to create […]

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Raging Bull Awards

Congratulations to all recipients of these prestigious awards from all of us at Moonstone. It is pleasing to note that the majority of these winners use our platforms to share information with the […]

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Gap Filling for Tied Agents

In case you thought this may be a rather painful dissertation on what a dentist does, think again. In the Retail Distribution Review, the Regulator aims to provide for situations where tied agents, […]

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Adviser and Advice Differentiation

The December 2016 Retail Distribution Review update provides clarity on matters which appeared slightly confusing in earlier proposals. The Regulator did away with the “multi-tied” category of adviser – in future, you are […]

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