![](https://www.moonstone.co.za/wp-content/uploads/rules-and-regulations.jpeg)
Directory of the FIC’s compliance communications issued in 2023
The directory contains a brief description of each document, a link to the document and, where available, links to other communication related to it.
Authority releases report on fines, debarments, investigations, and licence suspensions and withdrawals in 2023/24.
Read moreThe directory contains a brief description of each document, a link to the document and, where available, links to other communication related to it.
From global risks to AI advances: experts share their insights into the forces steering the insurance landscape in the year ahead.
If the rules do not state the actual composition of the board, it will not be possible to determine whether the board is properly constituted at any given time.
‘A key individual is not only responsible to oversee the categories of financial services for which he is licensed, but he bears an oversight role in relation to the FSP generally.’
And the solvency ratio of the restricted Transmed Medical Fund continued to fall in 2022.
The Authority has noted the industry’s feedback, but Moonstone’s main concern with the first version of the return remains.
The Supreme Court of Appeal replaced the High Court’s two-year suspension order, saying the attorney was not amenable to rehabilitation.
The FSCA says the study will bolster its grasp on crypto asset activities, enabling the Authority to fine-tune its oversight and licensing strategies.
An affidavit from the client contradicts the bank’s version that the representative acted fraudulently.
Following the re-ratings, South Africa is now deemed to be fully or largely compliant in 35 of the 40 Recommendations.
Lessors that invest in qualifying assets that are leased to lessees under operating or finance lease arrangements will be able to benefit from the incentive.
A recent High Court ruling underscores the fiduciary duties of financial services providers in the context of escalating digital threats.
The SCA finds the policyholder failed to produce evidence to support his pleaded claim for damages based on the vehicle’s market value.
Is the FSCA obliged to grant an exemption if a fund has met all the conditions set out in Board Notice 59 of 2014?
It was argued that the Act does not require the FSCA to invite submissions before deciding whether a person has contravened a financial sector law.
Update on draft legislation: the requirement for foreign employers to withhold PAYE, Practice Note 31, and the foreign business establishment exemption.