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Global businesses should back enhanced corporate reporting

15 May 2013 | General

Reporting has moved with the times, and the International Integrated Reporting Council (IIRC) wants to forge ahead in the development of the first internationally accepted framework that will see businesses focusing on putting sustainable processes and sy

Moonstone: De Bruyn Determination – FAIS Ombud

14 May 2013 | FAIS Ombudsman

The most recent determination by the FAIS Ombud concerns the placing of a client’s investment in the ill-fated Blue Zone scheme. Reading it provides one with insight into the practical application of the FAIS Act and General Code of Conduct.

Ombudsman for Long-term Insurance receives record number of complaints in 2012

14 May 2013 | Life Ombudsman

The Office of the Ombudsman for Long-term Insurance received 9 592 complaints against long-term insurance companies in 2012, the highest ever and 4% more than in 2011, according to its latest annual report.

FSB rules against Hippo

13 May 2013 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Registrar of Financial Services Providers (Registrar) referred a case against Hippo Comparative Services (Pty) Ltd (the Respondent), FSP number 16357 to the Enforcement Committee of the Financial Services Board.

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Are financial advisers ready for the combined impact of COFI and AI?

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Yes, fully prepared and already adapting Somewhat prepared, but still facing implementation challenges Not yet prepared, more time and support needed Unsure / still assessing the impact

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