Compliance - Regulatory

FSCA warns the public

Inform your insurer of any changes concerning the use of insured property

Short-term insurance contracts operate on good faith and it is the insured’s responsibility to disclose all material facts that may reasonably be expected to enable the insurer to properly assess the risk.

The South African Insurance Association calls for prioritisation of safety while damage is assessed in CT fires

The South African Insurance Association (SAIA) has observed with appreciation the efforts by all who played a role in containing the fires that engulfed Cape Town this week. We commend those affected for prioritising safety over possessions and are thankful that no human lives have been lost as far as we are aware.

FSCA warns the public against Walter Monte Weakley

The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services business with Walter Monte Weakley (Mr Weakley), who is not authorised to give any financial advice or render any intermediary services in terms of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act).