9 June 2015 Archives

Submission of Financial Statements if Financial Year End was 28 February 2015

Posted on 9 Jun 2015

In our issue of 14 April 2015 we spoke about the requirement to submit annual financial statements to the FSB four months after the FSP’s financial year end. If your FSP’s year end was 28 February 2015 then the due date for submission of your annual financial statements to the FSB will be 30 June … Continued

FAIS Circular 2 of 2015: Clarification of five year experience requirement

Posted on 9 Jun 2015

ITO Sections 6A and 8A of FAIS- all FSPs who are sole proprietors, key individuals and representatives must meet the experience requirements and continue to meet those requirements. The purpose of the five year requirement is to ensure that a person’s practical experience remains appropriate, applicable and relevant for the category of FSP and subcategory … Continued

Board Notice 92 of 2014- Collective Investment Schemes Control Act 45 of 2002: Advertising, Marketing and Information Disclosure Requirements for Collective Investment Schemes

Posted on 9 Jun 2015

Board Notice (BN) 92 of 2014 deals with advertising, marketing and information disclosure requirements for Collective Invest Schemes (CIS). Although it is primarily aimed at the managers of CIS (managers), it also has implications for advisors who distribute CIS funds to their customers. This Board Notice will help to ensure that advisors provide their customers … Continued

Update on RDR

Posted on 9 Jun 2015

At the recent Discovery Financial Planning Summit Jonathan Dixon from the FSB shared some initial feedback after the industry submitted input/commentary on the RDR discussion paper. The FSB received close on 70 written submissions in response to the RDR paper and have already started to analyse the inputs received. Given that the proposals are the … Continued

The Protection of Personal Information Act – POPI Awareness

Posted on 9 Jun 2015

In order to create awareness on POPI, it is important to start by understanding why your business should protect personal information. Processing of personal information should be approached with a choice of either protecting processing of personal information or the free flow of such information. Who are your data subjects? The data subject is the … Continued

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Mastering Compliance Newsletters

9 June 2015

Submission of Financial Statements if Financial Year End was 28 February 2015

FAIS Circular 2 of 2015: Clarification of five year experience requirement

Board Notice 92 of 2014- Collective Investment Schemes Control Act 45 of 2002: Advertising, Marketing and Information Disclosure Requirements for Collective Investment Schemes

Update on RDR

The Protection of Personal Information Act – POPI Awareness

EARN CPD HOURS

Mastering Compliance Newsletters

9 June 2015

Submission of Financial Statements if Financial Year End was 28 February 2015

FAIS Circular 2 of 2015: Clarification of five year experience requirement

Board Notice 92 of 2014- Collective Investment Schemes Control Act 45 of 2002: Advertising, Marketing and Information Disclosure Requirements for Collective Investment Schemes

Update on RDR

The Protection of Personal Information Act – POPI Awareness

EARN CPD HOURS

MASTHEAD IS

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