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POPIA – one year later

02 August 2022

Typing in your ID number at record speed is a newly acquired skill as organisations seem to abandon a risk-based approach in fear of retribution from the Information Regulator.

King IV: The role of policies and procedures in good corporate governance

01 August 2022

Good corporate governance entails ensuring that your company has the correct policies and procedures in place. Companies need not be bogged down by unnecessary paperwork at inception. However, there is merit in implementing some basic policies and procedures.

Like TCF on steroids

14 July 2022

Financial services providers (FSPs) who are stressing out over the impact of the soon-to-be-enacted Conduct of Financial Institutions (COFI) Bill on their businesses can rest easy. According to Danny Joffe, Head of Legal at Hollard Insure, those who have ingrained the Treating Customers Fairly (TCF) principles into their business conduct approach have already done the heavy lifting and should have little to fear. Joffe had been invited to the 2022 South African Underwriting Managers Association (SAUMA) Conference to shed some light on the impact of the pending law and when it was likely to see the light of day.

There’s only one shade of grey – FATF deadline edges closer for South Africa

07 July 2022

South Africa faces possible grey listing by the Financial Action Task Force (FATF). This warning was set in October last year when we were to pull up our socks and improve on shortcomings in identifying, reporting on, and prosecuting illegal cash flows and crime.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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