Explore the Category
Financial crime has traditionally been a significant problem in South Africa. Issues such as fraud and corruption are regularly reported in the media, and there are many cases which go unreported, which points to the fact that we are not fully aware of the true extent of the problem, says Chris van der Walt, founder of eas-e Fica.
From Monday to Thursday every week, FAnews publishes an e-newsletter dealing with news and events relevant to stakeholders in the financial services industry. Our readers are intimately involved with financial services products, compliance and advice and have strong views on issues that affect them. The Best of FAnews.co.za is a magazine feature in which we highlight a popular newsletter published online in the past 60 days. We rehash the core argument presented in the newsletter before considering some of the views raised via our reader comments.
The price of real estate in the United States increased dramatically in the years leading up to the 2007 financial crisis. This could be explained by applying economics and fundamentals. However, when the prices continued to surge far above fair market value and create a property bubble, it became evident that the increase is driven by certain phenomena in behavioural finance.
The role of the internet and the desire of the public to become more educated on the financial services industry are having a significant impact on the industry.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?