FSCA CPD Activities – UPDATE

FSCA CPD Activities – UPDATE

One of the Fit and Proper Requirements outcomes is to ensure that persons who render financial services have adequate, appropriate and relevant skills, knowledge, and expertise regarding the financial service, financial products, and functions that they perform. In...
Principles of Conduct of Financial Institutions Bill

Principles of Conduct of Financial Institutions Bill

Internationally, financial sector reform ( The Financial Sector Regulation Act 9 of 2017 (FSR Act) has been the focus of attention largely due to poor financial practices and limited regulatory oversight. As a result, there is a pressing need to focus on improved...
FSCA Compliance Reports

FSCA Compliance Reports

[Conduct of Business Return] The Authority set out in FAIS communication 16 of 2021 that they are developing a Conduct of Business Report (“CBR report”) that will apply to all regulated entities that will have to be submitted to the Authority on an annual basis. The...
Mandatory COVID 19 jabs for employees on the way

Mandatory COVID 19 jabs for employees on the way

Current legislation allows employers to consider whether unvaccinated employees can keep their job. According to the Consolidated Direction on Occupational Health and Safety Measures in Certain Workplaces, which was amended in June this year by the Employment &...
The positives of PoPIA

The positives of PoPIA

Businesses should embrace Popia as a ‘positive’ The Protection of Personal Information Act (Popia), which came into effect on 1 July, removes the administrative barriers that can hamper international business and positions SA as an appealing destination...