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Compliance Institute of South Africa

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Tel: +27 (0) 11 642 7974
Fax: +27 (0) 11 643 6828
Address:
Harrow Court
Isle of Houghton
Boundry Road
Parktown
Johannesburg
Postbox:
PO Box 72335
Parkview
2122
Scope:
Gauteng.

The Compliance Institute of South Africa is a non-profit organisation officially incorporated under Section 21 of the Companies Act. 

Aims & Objectives

  • To encourage and promote compliance within the regulatory environment of the South African Financial Services Industry
  • To promote the professional status, image and credibility of its members
  • To identify, establish, maintain and promote international compliance best practices
  • To encourage and facilitate forums for the exchange of information and ideas among members and other stakeholders
  • To stimulate and promote education and training in the field of compliance to its members and other stakeholders
  • To alert members of new developments in, and changes to, legislation and the interpretation and application of such by the relevant authorities
  • To build synergistic rapport between organisations on compliance issues and to create liaison with similar organisations in other countries
  • To provide accreditation for compliance professionals
  • To establish, maintain and promote standards for compliance functions and compliance officers and
  • To do all such other lawful things as are or may be incidental or conducive or ancillary to, or necessary for the attainment of the above objectives
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From The Glossary »

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Rand-cost Averaging:

Method of buying shares or unit trust units by investing the same amount of money regularly, regardless of the market price. Rand-cost averaging helps investors to avoid timing the market, as a Rand buys more units when the price is down and fewer when the price is up.
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