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Risk leaders need to dance TANGO

    Dr David Hillson, The Risk Doctor Partnership       Risk practitioners seek inspiration from many different places, but not many look to the world of professional dancing to improve their leadership effectiveness. An innovative workshop has recently ...
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Registrar issues guidance note on reappointment of debarred reps

A newly published document by the Registrar attempts to address some of the practical problems experienced in the past “16. The frequency of representative complaints reported to the Registrar's office, and the intensity of debate around the issue of debarments by FSPs in terms of section ...
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Fais: New Fit and Proper Regulations and the Regulatory Exams

The long anticipated amended “Determination of Fit and Proper Requirements for Financial Services Providers, 2017” was finally printed in December last year. Do not be fooled by the fact that the determination, sans the annexures, only consists of 40 pages. We will cover this in more detail ...
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FSB Appeal Board Halves Debarment Period in Baloyi Case

A recent case before the FSB Appeal Board saw the period of debarment halved which is an interesting deviation from previous views held by the Board on its powers to interfere in decisions by the Registrar. In May last year we published an article in which we discussed this very matter: Appeal Board ...
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German law on hate speech – complaint procedures

By Thorben Schläfer (DE) The German law on hate speech (Network Enforcement Act – Netzwerkdurchsetzungsgesetz) which came into effect on October 1, 2017 is continuously subject to criticism. Its legal and political implications in regard of the current global debate on the dealing with ...
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From The Glossary »

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Reciprocity:

An arrangement whereby reinsurances are placed one against another so that a ceding company will only place a share of its business with a reinsurer who is willing to provide a similar share of its own business. Reciprocity is normally confined to fire proportional business and is occasionally based on an equivalent profit exchange rather than on premium income.
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