by cruxadmin | Oct 10, 2024 | Blog
From CompliNEWS | Financial Service Intelligence Watch FSCA suspends over 1 000 licences and imposes record fines of almost R1bn The Financial Sector Conduct Authority (FSCA) has reported a significant increase in its regulatory actions for the 2024 financial year. In...
by cruxadmin | Oct 10, 2024 | Blog
From CompliNEWS | Financial Service Intelligence Watch Wednesday FSCA issues warning on fraudulent FAIS regulatory examinations The Financial Sector Conduct Authority (FSCA) has issued Communication 38 of 2024 to address the rising incidents of fraud related to the...
by cruxadmin | Oct 10, 2024 | Blog
From CompliNEWS | Financial Service Intelligence Watch FSCA General Notice 1 of 2024: Determination of new regulatory fees effective 1 October 2024 In FSCA Communication 36 of 2024, the Financial Sector Conduct Authority (FSCA) has announced the publication of General...
by cruxadmin | Oct 10, 2024 | Blog
CompliNEWS | Financial Service Intelligence Watch FIC Annual Report highlights key role in asset recovery The Financial Intelligence Centre (FIC) has played a critical role in recovering more than R98.5 million in criminal proceeds during the 2023/24 financial year....
by cruxadmin | Oct 9, 2024 | Blog
From CompliNEWS | Financial Service Intelligence Watch Almost half of workplaces non-compliant – Meth Legalbrief today Following weeks of joint compliance enforcement raids by the Department of Employment and Labour in restaurant establishments across the...
by cruxadmin | Oct 3, 2024 | Blog
From CompliNEWS | Financial Service Intelligence Watch Regulator urges public sector to submit PAIA reports The Information Regulator (IR) has raised concern that the public sector is not submitting their Promotion of Access to Information Act (PAIA) section 32 Annual...
by cruxadmin | Oct 3, 2024 | Uncategorized
From CompliNEWS | Financial Service Intelligence Watch Overview of the Financial Services Tribunal Consolidated Rules (issued 27 September 2024) The Financial Services Tribunal plays a pivotal role in ensuring fairness and accountability within South Africa’s...
by cruxadmin | Oct 3, 2024 | Blog
From CompliNEWS | Financial Service Intelligence Watch FSCA imposes R1.1m administrative sanction on Mika Finansiele Dienste (Pty) Ltd (FSP 2046) due to significant FICA compliance failures The Financial Sector Conduct Authority (FSCA) has issued an administrative...
by cruxadmin | Sep 27, 2024 | Blog
From CompliNEWS | Financial Service Intelligence Watch South Africa emerges as key digital asset hub amid growing crypto adoption in Africa Africa’s emerging economies are showing significant potential for digital asset adoption, with South Africa leading the...
by cruxadmin | Sep 20, 2024 | Blog
From CompliNEWS | Financial Service Intelligence Watch Best practices for selecting an anti-money laundering (AML) and counter-terrorist financing (CTF) screening provider Compli-Serve In today’s complex regulatory environment, the importance of effective...