Pluck the Golden Rooster
Stade de France, the national stadium of France, is situated just north of Paris in the commune of Saint-Denis. It has an all-seater capacity of 81,338, making it the sixth largest stadium in Europe, and is used by both […]
Banks defend lending criteria amid accusations of discrimination
The government takes banks to task over what it sees as unfair lending practices, proposing mandatory disclosures of declined home loans.
Read moreNigeria – Real GDP growth rises in Q3
Nigeria’s real GDP growth improved in the third quarter on the back of higher oil production as well as an increase in non-oil GDP growth. Real GDP at factor cost expanded by 6.81% […]
Retail Distribution Review Update
Background Up to the end of the previous century, regulation of financial services was by and large left in the hands of the industry itself. The advent of consumerism and money laundering, amongst […]
Positive Industry News
In a previous article we reflected on the need for more publicity regarding the positive contribution of the financial services sector. The following information, published by ASISA, should be reassuring to both the […]
FSB: Debarment Guidelines
At the end of October, we published an article titled, New Debarment Notification Document, containing details of a new form which has to be completed and sent to the FSB when a key […]
Ye’ll take the High Road…
The man we most loved to hate, Sean Fitzpatrick, is actually a very likeable rogue. The interview with Ali Bacher was outstanding, and I would love to watch it again. On Saturday, Supersport […]
Regional – Sub-Saharan Africa – S&P report underlines role of fiscal, political risk in sovereign credit ratings
In a report released on November 12, the rating agency Standard & Poor’s (S&P) noted that high economic growth rates in the sub-Saharan Africa (SSA) region did not translate into improved credit quality […]
Scotland the Grave?
Nie oud of koud nie Dan Carter speel hierdie naweek in sy 100ste wedstryd vir die All Blacks. Daar was al spelers wat hierdie mylpaal bereik het, maar na my mening is hy […]
RE1 and RE 5 certificates
We are inundated with requests from clients who have mislaid their certificates. Please follow the DIY steps below to get it much quicker. Regulatory Exam candidates who wrote with Moonstone, and passed, can […]
FSB: Guidelines on Advertising and Marketing
In the light of an increase in practices relating to advertisements, brochures and similar communications that are contrary to section 4(3) of the Long-term and Short-term Insurance, steps aimed at addressing this were […]
Increase in Benefit Amount for Assistance Policies
An increase was announced with regards to the maximum value of the policy benefits to be provided in terms of an assistance policy (Financial product subcategory 1.1). As from 11 November 2013, the […]
Fouries are jolly good fellows
The condition of the pitch is important in cricket, but it should not affect the quality of a rugby match. Sadly, Wales lost here, too. I felt particularly sorry for Frans Malherbe, and […]
Namibia – IMF comments after Article IV visit
A mission from the International Monetary Fund (IMF) concluded its annual visit to Namibia with a statement on November 7, emphasising the “consistently high quality” of policy discussions with local authorities. The Fund […]
Embedding TCF in the insurance regulatory framework
The presentation by the FSB focussed on how the six desired outcomes of treating customers fairly will impact on the industry. For this discussion, we will only focus on three which will affect […]
International and Local Financial Regulatory Reforms
South Africa is very much part of the global financial world, and also one of more than 200 members of the International Association of Insurance Supervisors (IAIS). The mission of the International Association […]
POPI: Are you all set?
This article is published with the kind permission of Van der Spuy and Partners in Paarl and Cape Town. The protection of privacy in South Africa has undergone intense investigation over the last […]
