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New FSP licensing requirements envisaged?

An article titled Financial Services Sector: get ready to relicense, published in Moneyweb yesterday, will no doubt come as a huge shock to many people in the financial services industry. It appears that licensing will not only apply to new entities falling under the FSB – everybody will be affected, ...
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FAIS: Date of First Appointment and the Regulatory Exams

Your date of first appointment determines by when you need to write the level 1 regulatory exam. FAIS Circular 13 of 2012 spells it out as follows: Sole proprietors, key individuals and representatives authorized, approved or appointed during January 2010 to December 2010 will be included in the ...
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Law Society concerned at Parliamentarians’ inappropriate questioning of Public Protector

The Law Society of South Africa (LSSA) expresses its concern at the recent tone of the questioning of the Office of the Public Protector by members of the Portfolio Committee on Justice and Constitutional Development. ‘South Africa is a constitutional democracy and not a parliamentary ...
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FSB reacts to Arthur Brown sentence

The Financial Services Board (FSB) is disappointed with the sentence handed down to Mr J Arthur Brown by the Western Cape High Court today. The FSB believes that the fine of R150 000. 00 or 36 months in prison does not acknowledge the extent of the damage caused by Mr Brown’s actions. Mr Brown ...
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How South Africa is “delivering on Africa’s Promise” in the financial services sector

The 23rd World Economic Forum (WEF) on Africa, currently underway in Cape Town, calls for Africa to live up to its true potential. Under the theme “Delivering on Africa’s Promise” the gathering provides an important platform for regional and global leaders to deepen the continent’s ...
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Knowledge Base Updates » RGA Bancassurance Surveys FSB Quarterly Reports Long Term IG Insurance Industry Structure Treating Customers Fairly: General Items Demarcation Articles, Presentations and the like ASISA Financial Planner Forum August 2012 Associated Compliance Monthly Newsletter Electronic Health Records Interesting and Unusual Risks Improving Customer Satisfaction

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Healthcare » Should you choose a preventive mastectomy? Healthy Made Easy Appointment of Dr Gunvant (Guni) Goolab as Principal Officer of GEMS Stokvels and Burial Societies Exempt from Licensing FAIS Representatives under Supervision

Investment » SA Corporate Treasurers urged to invest surplus cash on balance sheets Momentum growing for better public accounting Africa Domain Name System Forum to be held in Durban, South Africa, 12-13 July 2013 AfDB Concludes First Pan-African Training for Regulators of Derivatives and Commodities Exchanges Property companies report mixed results

Retirement » Broad principles of retirement savings Government Employees Pension Fund nominated for global responsible investment award Longer life spans in SA present a challenge for retirement Cyber security: it’s a war zone Congratulations to Risk Doctor and Partners who celebrate their tenth anniversary this year!

Short-term » Cheaper, safer way for SMEs to accept payment New local music experience kicks off with Simphiwe Dana ‘goddess of South African cool’ Insure Group prepares to deploy new system Hannover Re assumes reinsurance of energy savings warranties in Germany An overreaction to the Jerrier case?

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