22 March 2016 Archives

FAIS Newsletter

Posted on 22 Mar 2016

On 26 February the Financial Services Board (FSB) released its first newsletter for 2016. The newsletter includes topics which we have covered extensively in our most recent issues of Mastering Compliance. While all the articles are relevant to our industry and well worth a read, we are sure you will benefit from reading Additional Services … Continued

Proposed Amendments to Fit and Proper Requirements: Financial Soundness

Posted on 22 Mar 2016

Fit and Proper Requirements The proposed fit and proper requirements relating to financial soundness include amendments to the existing requirements and brand new requirements which FSPs may have to comply with. We identify and discuss the proposed changes and the impact that the “new” requirements may have on FSPs. The proposed fit and proper requirements … Continued

FAIS Ombud determination: Outsurance ordered to compensate Complainant after claim rejection

Posted on 22 Mar 2016

On 1 March 2016 the FAIS Ombud ordered Outsurance to replace a laptop or refund the client after finding that they had failed to provide the client with sufficient information to make an informed decision. It was also found that they failed to offer the client the option of covering certain items under his policy … 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

22 March 2016

FAIS Newsletter

Proposed Amendments to Fit and Proper Requirements: Financial Soundness

FAIS Ombud determination: Outsurance ordered to compensate Complainant after claim rejection

EARN CPD HOURS

Mastering Compliance Newsletters

22 March 2016

FAIS Newsletter

Proposed Amendments to Fit and Proper Requirements: Financial Soundness

FAIS Ombud determination: Outsurance ordered to compensate Complainant after claim rejection

EARN CPD HOURS

MASTHEAD IS

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