by cruxadmin | Sep 23, 2021 | Blog
[Compli-Serve] The overall responsibility for money-laundering prevention lies with senior management and controllers of an institution. The Money Laundering Reporting Officer (MLRO) is responsible for the oversight of the institution’s anti-money laundering...
by cruxadmin | Sep 21, 2021 | Blog
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...
by cruxadmin | Sep 19, 2021 | Blog
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...
by cruxadmin | Sep 17, 2021 | Blog
[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...
by cruxadmin | Sep 15, 2021 | Blog
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 &...
by cruxadmin | Sep 11, 2021 | Blog
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...
