by cruxadmin | Jun 9, 2025 | Blog
From CompliNEWS | Financial Service Intelligence Watch SARB appeals High Court ruling exempting cryptocurrencies from exchange control regulations On Monday, the South African Reserve Bank (SARB) filed an appeal against a ruling by the Gauteng High Court (Pretoria),...
by cruxadmin | Jun 9, 2025 | Blog
From CompliNEWS | Financial Service Intelligence Watch FIC launches official WhatsApp channel for compliance updates The Financial Intelligence Centre (FIC) has launched an official WhatsApp channel to keep accountable institutions, businesses, and the public informed...
by cruxadmin | Jun 9, 2025 | Blog
From CompliNEWS | Financial Service Intelligence Watch Broker ordered to pay R681k – a case study in material change risk In a significant determination handed down on 25 February 2025, the FAIS Ombud ruled that Barton Insurance Brokers (Pty) Ltd was negligent...
by cruxadmin | May 29, 2025 | Blog
From CompliNEWS | Financial Service Intelligence Watch The real cost of FICA non-compliance: Why businesses can’t afford to slip A FA News report notes that FICA compliance is no longer a ‘nice to have’ – it’s a regulatory necessity with serious...
by cruxadmin | May 29, 2025 | Blog
From CompliNEWS | Financial Service Intelligence Watch FIC ramps up enforcement – Non-compliance penalties hit R7.8 million FA News reports a marked rise in administrative sanctions imposed due to non-compliance with the Financial Intelligence Centre (FIC) Act,...
