Compliance - Regulatory / General

COFI, TCF and Succession: How Sole Proprietors Can Plan for the Future

With the Conduct of Financial Institutions (COFI) Bill set to reshape the financial services industry, sole proprietor Financial Services Providers (FSPs) may want to reconsider their business structure. This article explores how converting to a private company, such as a (Pty) Ltd, could offer both regulatory and operational benefits under COFI.

The actual cost of non-compliance with FICA

In the past 18 months, institutions across banking, legal, and financial services have faced steep penalties for non-compliance with the Financial Intelligence Centre Act (FICA).

FIC Act Sanctions: Lessons from the Past Year

The Travel Rule – What CASPs Need to Know About Directive 9