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COMPLIANCE

National Compliance Company

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Tel: 011 748 4870
Fax: 011 744 4410
Address:
cnr Prince George & Kingsway Avenue
Brakpan
1541
South Africa
Postbox:
PO Box 1420
Brakpan
1541
South Africa
Scope:
Gauteng.
On the proclamation of the FAIS and FICA Acts (the Financial Advisory and Intermediary Services Act No 37 of 2002 {FAIS} and the Financial Intelligence Centre Act No 38 of 2001 {FICA}), National Compliance Company (Pty) Ltd was established in April 2004, to advise and assist independent financial advisors on how to comply with the legal requirements aimed at regulating the industry mainly through the establishing of a compliance function.

From The Glossary »

Age Nearest Birthday:

The age, expressed as an integral number of years, of an insured policyholder, which spreads over the period from six months prior to a birthday to six months after a birthday. For example, an individual is ‘age 35 nearest birthday’ from the time he is thirty-four and six months of age until the time he is thirty-five and six months of age.
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