Compliance - Regulatory

Financial Intelligence Centre (FIC) establishes a Compliance Contact Centre

The Financial Intelligence Centre (FIC) has established a Compliance Contact Centre to deal with queries related to compliance with the Financial Intelligence Centre Act, No. 38 of 2001, as amended (FIC Act).

FAIS Compliance Irregularity Reporting Guidelines launched

A set of guidelines for reporting material compliance irregularities in terms of the Financial Advisory and Intermediary Services Act has been developed by the Compliance Institute Southern Africa.

Long Term Ombud: Final determination against Safrican

Unclaimed life insurance benefits exempted from prescription laws

South African life insurers who are members of the Association for Savings and Investment South Africa (ASISA) have committed to holding and growing unclaimed policy benefits until the rightful owner is found, no matter how long it takes.