INVITATION: Treasury talks COFI & key compliance issues impacting financial services

02 May 2019 Compli-Serve SA

Conduct of Financial Institutions Bill (COFI), FIC Amendment Act and the Fintech Impact on Financial Services

Dates & address details:

Cape Town 7 May 08h30-12h30

Newlands Southern Sun, 7 Main Road, Newlands

Pretoria 14 May 08h30 – 12h30

Protea Hotel by Marriot Midrand, 14th Street, Noordwyk Ext 20 Midrand

Durban 16 May 08h30-12h30

Holiday Inn Express Durban – Umhlanga, Ncondo Place, Crn Ncondo Place & Ntusi Rd, Off Umlhanga Rocks Drive, Durban

Join Compli-Serve SA’s event on the Conduct of Financial Institutions Bill (COFI), FIC Amendment Act and the Fintech Impact on Financial Services.

Conduct of Financial Institutions Bill (COFI)
The COFI Bill is a significant legislative event and seeks to harmonise cross-sector legislation and repeal the current sectorial legislation, specifically FAIS, Collective Investment Schemes Act, Long-term Insurance Act, Short-term Insurance Act and make amendments to other existing pieces of legislation. It is the embodiment of the so-called principles-based regime which will become the norm, replacing the current rules-based environment we operate within. The workshop seeks to unpack the COFI Bill and look at the key areas of impact on industry participants.

FIC Amendment Act
The existing FIC Act has been significantly amended with the revised regulations becoming fully effective from 1st April 2019. The updated requirements adopt a risk-based approach to AML and will place further obligations on regulated Financial Services Providers. The workshop will go through the key changes to the regulations and focus on the impact points for licensed entities.

Fintech/Suptech impact on Financial Services
Financial industry participants and Regulators are sitting up and taking notice of the disruptive technologies that are starting to make their presence felt in financial services. Richard Rattue MD of Compli-Serve, will explore the potential areas of impact for the financial services industry and examine how Regulators are looking to use similar technologies to assist them in their market oversight role.

Who should attend:
• Compliance Officers
• Registered Key Individuals & Representatives
• Risk Managers
• Business Owners

Cost: R1100 per delegate to attend, and R810 per subsequent delegate from the same FSP, excluding VAT.

Verifiable CPD hours: 3

RSVP: Visit to book directly, or contact

Alternatively, call 087 897 6970 to book.



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