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Sense prevails at last

04 May 2006 Angelo Coppola

Its always good news when industry players get together for the common good of their constituents.

It appears that a meeting held last week was the starting point of a more holistic approach to dealing with National Treasury on the contractual savings discussion paper, and hopefully the first step in future dealings with regulators and legislators.

The industry bodies that have found some common ground, in alphabetical order include: ABIB (Association of Black Insurance Brokers), BBF (Black Brokers Forum), FPI (Financial Planning Institute), LUASA (The Association of Professional Financial Planners), and SAFSIA (SA Financial Services Intermediaries Association).

Good luck in your future dealings, discussions and negotiations.

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The South African authorities are hard at work to ensure the country is removed from the global Financial Action Task Force grey-list by February or June 2025. What do you think about their ongoing efforts?

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But what about the BRICS?
Compliance burden remains, grey-list or not.
End-2025 exit is too optimistic.
Grey-list is the new normal.
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