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Contingent business interruption insurance cover

20 November 2020 | Financial Sector Conduct Authority (FSCA) (was FSB)

Following receipt of the decision by the Western Cape High Court in the matter between Ma-Afrika Hotels (Pty) Ltd & Another v Santam Limited, the Financial Sector Conduct Authority (FSCA) confirms and reiterates its views on Contingent Business Interruption (CBI) Cover.

FSCA welcomes sentencing of Gerrit Abraham Coetzee

19 November 2020 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority welcomes the seven years prison sentence handed down to Mr Gerrit Abraham Coetzee on Friday, 12 November 2020, for defrauding his financial services clients.

Cheques will no longer be used in the national payment system

18 November 2020 | Financial Sector Conduct Authority (FSCA) (was FSB)

Pension Fund ordered to pay for costs of DNA test, if it requires one

18 November 2020 | FAIS Ombudsman

A pension fund has been slated by the Deputy Pension Funds Adjudicator for not including a deceased member’s life partner and child in the distribution of the deceased’s death benefit.

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