Explore the Category

Mediation may prove to be detrimental in exposing financial fraud

14 May 2014

Over the past two years, a major focus of the financial services industry has been the fact that industry regulators, and companies, have embarked on a major cost cutting programme. Different to austerity measures, cost cutting measures aim to improve the performance of companies and to make the financial services industry accessible to a greater sector of the population.

M&A to take centre stage as deal volumes remain steady

06 May 2014

2014 is a landmark year for South Africa. Because of the events of the past two decades, there will be a lot of reflection on how the country has progressed over the past two decades, as well as what the future holds for the country.

FSB conducts on-site visit to test practical application of FAIS

15 April 2014

The Registrar of Financial Services Providers (FSPs) paid Centriq Insurance a visit last year to conduct an on-site risk assessment to examine the practical application of the FAIS (Financial Advisory and Intermediary Services) act and other interconnected legislation especially from Centriq’s specialised insurance business point of view.

Moonstone: Whereto with POPI and TCF?

28 January 2014

We frequently receive enquiries about legislative changes, specifically regarding Treating Customers Fairly (TCF) and the Protection of Personal Information Act (POPI). Some product providers have even requested advisors to sign TCF declarations.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

View the Results