FSTC issues Reporting Notice 2 of 2024

FSTC issues Reporting Notice 2 of 2024

From CompliNEWS | Financial Service Intelligence Watch FSTC issues Reporting Notice 2 of 2024: Financial sector entities required to submit B-BBEE compliance reports The Financial Sector Transformation Council (FSTC) has released Reporting Notice 2 of 2024, setting...
COFI Bill set for Parliament this year

COFI Bill set for Parliament this year

From CompliNEWS | Financial Service Intelligence Watch COFI Bill set for Parliament this year – Treasury The long-awaited Conduct of Financial Institutions (COFI) Bill is nearing its next legislative step, with its final draft awaiting certification before...
RE Exams: Preparation Guide updates 2025

RE Exams: Preparation Guide updates 2025

From CompliNEWS | Financial Service Intelligence Watch Regulatory exams: Preparation guides updated for 2025 The FSCA has updated its Regulatory Examinations Preparation Guides for RE1, RE3, RE4, and RE5 as of 14 January 2025. These guides provide comprehensive...
Key updates on Companies Act

Key updates on Companies Act

From CompliNEWS | Financial Service Intelligence Watch Key updates on the Companies Amendment Acts effective 1 January 2025 As of 1 January 2025, several provisions of the 2024 Companies Amendment Act and the Companies Second Amendment Act have officially come into...
Heavy penalties for FIC non-compliance

Heavy penalties for FIC non-compliance

From CompliNEWS | Financial Service Intelligence Watch Heavy penalties for FIC non-compliance Non-financial businesses and professional firms could face stiff penalties if they neglect to submit risk and compliance returns to the Financial Intelligence Centre (FIC)....
Building personal and business resilience

Building personal and business resilience

From CompliNEWS | Financial Service Intelligence Watch Building personal and business resilience By Lee Rossini In a myriad of ways, 2025 promises to be a tumultuous year. To manage the many challenges coming down the track, it is essential to build both personal and...