14 April 2015 Archives

Preparation of Annual Financial Statements

Posted on 14 Apr 2015

In terms of section 19(2) of the FAIS Act, all FSPs are required to submit financial statements to enable the FSB to determine if a FSP complies with the financial soundness requirement in terms of the Fit and Proper Requirements (BN 106 of 2008). These financial statements must be signed by the relevant person(s) before … Continued

Notice on Fees payable to the FSB 2015

Posted on 14 Apr 2015

A new notice has been issued on Determination of Fees payable to the Registrar of Financial Services Providers. The new fees will come into operation from 25 April 2015. Click here to see the notice for the new fees of respective services.

Medical Aid Commission

Posted on 14 Apr 2015

A new notice has been issued regarding Commission payable by medical schemes to brokers. As from 1 March 2015 the maximum amount payable to a broker by a medical scheme was increased to R75,00 plus VAT per month. Click here for further information.

ASISA – New Replacement Standard

Posted on 14 Apr 2015

ASISA has issued a new Standard on Replacement policies of financial products. The Standard will come into effect on 1 October 2015. Click here for more information.

Protection of Personal Information Act (POPI)

Posted on 14 Apr 2015

Gaining a proper understanding of the Act will assist with implementing the correct systems and procedures to handling personal information. The aim of the Act is to promote transparency about information collected and its processing. It is essential for you to understand the spirit and purpose of the Act in order to know how to … Continued

The Registrar of Financial Services Providers and Talksure Trading (Pty) Ltd

Posted on 14 Apr 2015

In this matter the Registrar of Financial Services Providers was the Applicant against the Respondent which is a registered FSP regulated in terms of the FAIS Act. Talksure conducted business as a sales and marketing company relating to financial products. Talksure concluded an agreement with Miway Insurance Limited (Miway) to provide them with real time … Continued

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A national supplier of risk management services to independent financial advisors and other licensed financial service providers (FSPs). Established in 2004, we help our clients overcome their risk management challenges so they can grow and thrive in an increasingly regulated industry. Providing professional guidance and practical support, our team of specialists is passionately committed to delivering tangible solutions.

Mastering Compliance Newsletters

14 April 2015

Preparation of Annual Financial Statements

Notice on Fees payable to the FSB 2015

Medical Aid Commission

ASISA – New Replacement Standard

Protection of Personal Information Act (POPI)

The Registrar of Financial Services Providers and Talksure Trading (Pty) Ltd

EARN CPD HOURS

Mastering Compliance Newsletters

14 April 2015

Preparation of Annual Financial Statements

Notice on Fees payable to the FSB 2015

Medical Aid Commission

ASISA – New Replacement Standard

Protection of Personal Information Act (POPI)

The Registrar of Financial Services Providers and Talksure Trading (Pty) Ltd

EARN CPD HOURS

MASTHEAD IS

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