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Compliance - Regulatory

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The Protection of Personal Information Act – new responsibilities for insurers

The Protection of Personal Information Act – new responsibilities for insurers

17 March 2021 | General

Insurance companies have until 30 June 2021 to ensure that their business operations comply with the Protection of Personal Information Act, 2013 (POPI Act), or they could face penalties by the Information Regulator.

Statutory management of security sector fund fails to improve employer compliance

Statutory management of security sector fund fails to improve employer compliance

A pension fund has been requested by the Pension Funds Adjudicator to notify some of its members of the failure of their employer to pay contributions on their behalf and to report the non-compliance with the Act to the National Prosecuting Authority.

FSCA issues public warning against Ifa Labantwana Bethu Investments

FSCA issues public warning against Ifa Labantwana Bethu Investments

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Ifa Labantwana Bethu Investments (Ifa Labantwana) and Bongiwe Gana. The FSCA suspects Ifa Labantwana and Bongiwe Gana of conducting unauthorised financial services business and breaching various financial sector laws.

FSCA warns the public against Bridge Corporate Propriety Limited

FSCA warns the public against Bridge Corporate Propriety Limited

The Financial Sector Conduct Authority (FSCA), warns the public against Bridge Corporate Propriety Limited, which claims to be a juristic representative of African Unity Life, an authorised financial services provider with number 8447.

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FSCA warns the public against Mr Tom K Wong

FSCA warns the public against Mr Tom K Wong

FSCA issues public warning against Celani Funeral Services

FSCA issues public warning against Celani Funeral Services

FSCA issues public warning against Seipati Group of Companies

FSCA issues public warning against Seipati Group of Companies

The FSCA shares update on JP Markets case

The FSCA shares update on JP Markets case

SAIA welcomes Competition Commission guidelines on automotive aftermarket

SAIA welcomes Competition Commission guidelines on automotive aftermarket

Insurers brace for fresh wave of regulatory reforms in 2021

Insurers brace for fresh wave of regulatory reforms in 2021

09 March 2021 | General
SAIA Bulletin February 2021

SAIA Bulletin February 2021

Interest bearing CIS portfolios attract record breaking net inflows in 2020

Interest bearing CIS portfolios attract record breaking net inflows in 2020