Posted on 24 Jan 2017
The Financial Services Board has issued a press release warning the public against conducting financial services business with Wayne (Zane) Wilson as he is not an authorised FSP as he purports to be. The Registrar has been informed that he provides an FSP number which belongs to a different authorised FSP. Wayne (Zane) Wilson is … Continued
Posted on 24 Jan 2017
The FIC has issued Notice 05 which provides feedback to all reporters on Phase 1 of the implementation of the FIC’s new registration and reporting system. Entities who registered on the goAML system must ensure that their information is correct and updated. This includes the registered name of the entity, registration number, business address, telephone … Continued
Posted on 24 Jan 2017
The Financial Services Board (FSB) released its FSB Bulletin for the second quarter of 2016. The newsletter provides insight on interesting topics such as illegal funeral policies, the big deal over credit ratings, the future of market conduct supervision and what it means for FAIS, and an interview with the Head of Department of FAIS … Continued
Posted on 24 Jan 2017
Draft Replacement of the Policyholder Protection Rules The Financial Services Board (FSB) has published the draft replacement of the Policyholder Protection Rules (PPRs) made under the Long-term and Short-term Insurance Acts. The draft replacement PPRs gives effect to a number of conduct of business reforms. These reforms should be read together with the amendments to … Continued
Posted on 24 Jan 2017
National Treasury has issued a media statement indicating that the Standing Committee on Finance (SCOF) is calling on the public to make written submissions on the Insurance Bill, 2016. The SCOF plans to arrange public hearings in February 2017. The Bill was approved by Cabinet in November 2015 and tabled in parliament in January 2016. … Continued
Posted on 24 Jan 2017
The Financial Intelligence Act (FICA) grants the South African Reserve Bank (SARB) with a mandate to ensure that banks have implemented adequate money laundering and terrorist financing controls. The SARB conducts inspections at the banks in order to assess whether the measures they have in place are adequate as per the requirements set by FICA. … Continued
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.
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This document illustrates the Privacy Policy for this Website, www.masthead.co.za
Personal Information
The privacy policy illustrates how Masthead (Pty) Ltd protects the information that is provided to it by its users.
Masthead (Pty) Ltd will not sell or rent its user’s personal identifiable information to third parties.
Sharing of Information
Masthead (Pty) Ltd may send personal identifiable information about its users to other companies or third parties should there be a need to share the user’s information in order to provide the product or service the user has requested.
Furthermore, the only information Masthead (Pty) Ltd will ever disclose to third parties is aggregate information about its users. Aggregate information will not identify the website’s users and will only identify the user’s population in general terms.
Electronic Communications
The user consents to the website’s agreements, notices and disclosures by visiting the website and receiving electronic information or communication by electronic means and this indicates that any legal requirements has been satisfied.
Changing of Information
Masthead (Pty) Ltd reserves the right to change the Privacy Policy on an ad hoc basis at its sole discretion. Masthead (Pty) Ltd is not responsible for the content or privacy practices of non-Masthead websites to which it refers.
Contact information
Should you not be satisfied with the information or should any information be found to be untrue or incorrect, please notify Masthead (Pty) Ltd on the following email address: info@masthead.co.za
Masthead (Pty) Ltd and its agents or representatives shall not be liable for any damage, loss or liability arising from the use or inability to use this website or the services or content provided from and through this website.
Information, ideas and opinions expressed on this site should not be regarded as binding advice or the official opinion of Masthead (Pty) Ltd and users are encouraged to consult professional advice before taking any course of action related to information, ideas or opinions expressed on this site.
Masthead (Pty) Ltd has, and will continue to take reasonable care to ensure that all information, in so far as this is under its control, provided on this website is true and correct.
Masthead (Pty) Ltd shall not be responsible for, and therefore disclaims any liability for, any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered as a result of or which may be attributable, directly or indirectly, to the use of or reliance upon any information, links or service provided through this website.
There is no warranty of any kind, expressed or implied, regarding the information or any aspect of this service. Any warranty implied by law is hereby excluded except to the extent such exclusion would be unlawful.
Links to other sites
Our website contains links to other sites. Please be aware that Masthead is not responsible for the privacy practices of such other sites. We encourage users to be aware when they leave our site and to read the privacy statements of each and every website that collects personally identifiable information. This privacy statement applies solely to information collected by this website.