Moonstone Business School of Excellence launches training for FAIS representatives

MBSE’s RE 5 training is a comprehensive course designed to enhance your understanding of key regulatory frameworks and real-world applications.

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Fraudulent Insurance Claim Backfires Badly

A fairly humorous article on a serious topic recently appeared in the Natal Mercury. The following synopsis was published in Legalbrief Today: A fraudulent insurance claim for R4 500 for a water-damaged cellphone […]

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Sport Snippets

As we wait for the big guns of rugby and cricket to get back in the arena, we look at some other news from around the globe. Bafana Hanging On South Africans always […]

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Proposed Advertisement Guidelines

We publish below extracts from a document recently published by the Regulator aimed at regulating “advertisements, brochures and similar communications”. A Draft Information Letter, providing guidance to long-term and short-term insurers on the […]

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Final RE date for Reps Working Under Supervision

An important amendment to the conditions applicable to representatives working under supervision was announced in Board Notice 260 of 2013, published on 19 December 2013. Readers may recall that there was some uncertainty […]

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Training News

A number of important documents were placed on the FSB website on Friday. Two of these are of particular importance to those involved in training, as well as those who are subject to […]

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Sport Shorts

Bafana Bafana Rebounds Our national soccer side was possibly so confident before the match that they appeared more interested in the beautiful surroundings than their opponents. After allowing Mozambique to score a shocker […]

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RE Exams Pass Rates

Seldom has one seen such disparate views on a matter of national interest as those expressed on the 2013 matric results. While the government sang its own praises based on statistical improvements, concerns […]

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On-Line Access to RE Status

In December, the FSB announced an on-line facility which allows FSPs to verify the RE status of Key individuals and Representatives. The circular provides step-by-step guidelines on how to access the information pertaining […]

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Penalties for late submissions

The FSB’s FAIS Newsletter 16 was published on 13 December 2013. The second article states that a decision was taken to implement punitive measures available to the Regulator when FSPs fail to submit […]

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Yes Nine a No-No

One of last season’s new rugby rules was recently scrapped, partly as a result of the potential danger to the offensive team’s number 2. Thanks to Alex Bax for his valued input on […]

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FSB Renamed

The Financial Sector Regulation Bill, published on 11 December 2013, indicates a new name for the Financial Services Board. The twin peaks regulatory framework will provide a comprehensive framework for regulating the financial […]

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Resurgent Aussies Rejoice

The Sydney Morning Herald is awash with articles on the rejuvenated Australian cricket side’s whitewash of England in the Ashes, and rightly so. A lot of the credit is heaped on Darren Lehman, […]

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Taking Stock

Reaction to the recent introduction of the E-Toll system in Gauteng reminded me of a similar sense of indignation a few years ago when the regulatory examinations were announced. Many people in the […]

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