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Window period for crypto asset FSPs to apply for a licence opens on 1 June
The FSCA wants to know whether applicants are compliant with the Financial Intelligence Centre Act.
Retirement fund members must ensure their fund has their correct details and they are registered as a taxpayer with SARS.
Read moreThe FSCA wants to know whether applicants are compliant with the Financial Intelligence Centre Act.
In one case, the FSP was still investigating the alleged fraud when it decided to bar the representative.
A reviewing body will have grounds to intervene only if a fund fails to take into account relevant considerations and ignores irrelevant considerations.
Life insurance sales down slightly as the group stops selling certain products in China.
This is the first time the Information Regulator has asked private bodies to submit this type of report.
Annual report notes a steady increase in disputes related to power surge claims.
The qualification is demanding, but it’s ‘definitely possible to get across the line with Moonstone’.
The important statistic is the proportion of personal lines complaints relative to an insurer’s share of the total personal lines claims.
Decline in the number of complaints and in the number of cases resolved in favour of policyholders.
Cases that were resolved wholly or partially in favour of the complainants fell to 29%.
The amalgamated scheme will later include the FAIS Ombud and the JSE Ombud.
FSCA issues a spate of warnings about scammers impersonating authorised FSPs and offering unrealistic returns.
His FSPs were fined a total of R250 000 for selling two products before they were licensed.
Collective agreements dealing with retirement funds must be concluded with reference not only to employment laws but also the Pension Funds Act.
Any stupid remark or action could lead to a further downgrade in South Africa’s credit rating and higher 10-year government bond yields.
High Court rejects arguments that they owed the insurers a statutory duty.