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Compliance - Regulatory

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Local CIS industry shoulders tough markets, attracts net inflows of R93.5 bn

Local CIS industry shoulders tough markets, attracts net inflows of R93.5 bn

The local Collective Investment Schemes (CIS) industry attracted net inflows of R93.5 billion in 2018, ending the year with assets under management of R2.24 trillion.

Extreme weather conditions predicted for first quarter warns Insurance Association

Extreme weather conditions predicted for first quarter warns Insurance Association

The Southern African Development Community (SADC) Climate Services Centre Bulletin released in the second half of 2018 forecasts a normal to below normal October 2018-March 2019 rainfall season, while also pointing to a possibility of a debilitating dry spell punctuated by uneven rainfalls with sudden heavy rains that can lead to flooding and destruction of property and infrastructure.

Financial services compliance: 9 Top Tips for 2019

Financial services compliance: 9 Top Tips for 2019

31 January 2019 | General

As some will know I typically issue some compliance “tips” annually, and I once again lay these out below. As with the previous years, they are in no particular order of importance and I remind you that my tips come with no implied warranties and following them will not absolve you, or make you immune from client complaints and/or regulatory sanctions; however, I can say that by taking my tips to heart and acting thereupon, you should reduce the compliance risk in your business, so here goes.

A lot of RDR work still needs to be done

A lot of RDR work still needs to be done

30 January 2019 | General

Of all the pieces of regulatory reform that is due to be introduced into the industry, the Retail Distribution Review (RDR) promises to have one of the biggest impacts.

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An alleged breach of an insurance contract

An alleged breach of an insurance contract

29 January 2019 | FAIS Ombudsman
The consequences of non-compliance

The consequences of non-compliance

24 January 2019 | FAIS Ombudsman
FSCA warns of TCFs importance

FSCA warns of TCFs importance

Quo vadis financial services industry? Four areas to watch

Quo vadis financial services industry? Four areas to watch

15 January 2019 | General
Class of use causes implications

Class of use causes implications

15 January 2019 | FAIS Ombudsman
Encourage full disclosure

Encourage full disclosure

14 January 2019 | Life Ombudsman
Life insurers report a spike in fraudulent death claims for 2017

Life insurers report a spike in fraudulent death claims for 2017

FSCA warns the public against OptionPlus500 (Pty) Ltd

FSCA warns the public against OptionPlus500 (Pty) Ltd