FANews
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Important Documents

ActsCollective Investment Schemes Control Act, 45 of 2002Custody and Administration of Securities Act, 1992Financial Advisory and Intermediary Services Act, 37 of 2002Financial Institutions (Protection of Funds) Act, 28 of 2001Financial Services Board Act, 97 of 1990Financial Services Ombud Schemes Act, 37 of 2004General code of conduct for authorised financial services providers and representativesInsider Trading ActInspection of Financial Institutions Act, 80 of 1998Long Term Insurance Act, 52 of 1998.Pension Funds Act, 24 of 1956Securities Services Act, 36 of 2004Securities Services Bill, 2002Short-Term Insurance Act, 53 of 1998Stock Exchanges Control Act, 1985Supervision of Financial Institutions Rationalisation Act, 32 of 1996
FAIS General Code of ConductFAIS General Code of Conduct
NFP Exclusion GridNFP Exclusion Grid 04 October 2007
Policyholder Protection RulesLong-Term Insurance Act: Policyholder Protection Rules, G 22085, GoN 165, 23 February 2001Short-Term Insurance Act: Policyholder Protection Rules, G 22084, GoN 164, 23 February 2001
Who took over whoWhich Insurer took over
Quick Polls

QUESTION

The FSB is thinking of scrapping Level II Regulatory Exam (which would have tested product knowledge) in favour of an approach that forces insurers to train staff and monitor their actions. Do you agree with this approach?

ANSWER

Yes. The Level II Regulatory Exams were a massive headache for those who had to write them
No. At least with the exams you knew who were the top achievers. A lot of trust now needs to be given to insurers.
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FAnews June 2017 EditionGet the latest issue of FAnews

This month's headlines

FIA Awards… a whole new journey
Old Mutual Insure steps out of the box
State intervention for microinsurance: justifiable?
Big Data; the new ‘oil’
SA – a fallen angel? Investing in a junk status economy
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