19 January 2016 Archives

Proposed Amendments to the Fit and Proper Requirements

Posted on 19 Jan 2016

On 17 December 2015, the Registrar published the proposed amendments to the fit and proper requirements applicable to the different categories of FSPs, key individuals and representatives. Interested parties are to submit their comments on the proposed amendments to the FSB by 15 March 2016. In December 2015, the Registrar of Financial Services Providers published … Continued

Practice Directions from the FSB Appeal Board

Posted on 19 Jan 2016

On 30 November 2015, the Chairperson of the FSB Appeal Board issued guidelines on what an appeal entails and how to submit an appeal to the Appeal Board. These Practice Directions and Guidelines replace the previously issued ‘Guidelines on Proceedings of the Appeal Board’ of 14 June 2011. The guidelines provide clarity on the following; … Continued

Invitation to Comment on Proposed Amendments to Professional Indemnity Requirements

Posted on 19 Jan 2016

In December 2015 the Registrar published an invitation to comment on the proposed amendments which will be made to the current Professional Indemnity Requirements. The deadline date for submissions on the proposed amendments is set at 28 February 2016. The Registrar of the FSB has published proposed amendments to the Professional Indemnity (PI) requirements … Continued

FSB General Status Update on RDR

Posted on 19 Jan 2016

In December 2015, the FSB released a document called the ‘General Status Update: Retail Distribution Review’. This document provides a general status update on the FSB’s strategy of implementing the RDR proposals and clarifies the steps and processes that will be followed during the implementation process. It is only for information purposes and should be … Continued

Implementation of Tax Harmonisation of Retirement Fund Contributions and Benefits

Posted on 19 Jan 2016

2015 Taxation Laws Amendment Act The National Treasury released a statement on 12 January 2016 informing the public that the President has signed into law the Tax Administration Laws Amendment Act and Taxation Laws Amendment Act of 2015 that were passed by Parliament in 2015. All the changes relating to retirement reforms will take effect … Continued

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Mastering Compliance Newsletters

19 January 2016

Proposed Amendments to the Fit and Proper Requirements

Practice Directions from the FSB Appeal Board

Invitation to Comment on Proposed Amendments to Professional Indemnity Requirements

FSB General Status Update on RDR

Implementation of Tax Harmonisation of Retirement Fund Contributions and Benefits

EARN CPD HOURS

Mastering Compliance Newsletters

19 January 2016

Proposed Amendments to the Fit and Proper Requirements

Practice Directions from the FSB Appeal Board

Invitation to Comment on Proposed Amendments to Professional Indemnity Requirements

FSB General Status Update on RDR

Implementation of Tax Harmonisation of Retirement Fund Contributions and Benefits

EARN CPD HOURS

MASTHEAD IS

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