Posted on 25 Jan 2022
Embracing the use of electronic signatures can streamline your processes, reduce face-to-face interaction and further shift your business towards a paperless environment. The COVID-19 pandemic has highlighted the advantages of working digitally and businesses are increasingly servicing clients remotely with the aid of technology. Virtual meetings have replaced boardroom tables and communication is confirmed via … Continued
Posted on 25 Jan 2022
Keeping track of what must be done in an FSP and making time to address any gaps is key to remaining compliant and staying in business. Below we look at some key dates and offer general reminders to help FSPs plan for the compliance requirements of 2022. We suggest that you set these dates in … Continued
Posted on 25 Jan 2022
The Financial Sector Conduct Authority (FSCA) recently published FSCA Communication 22 of 2021, which provides an update on the development of the cross-sectoral Conduct of Business Return (Omni-CBR) and confirmation of the FSCA’s intention to undertake a consultative process on the content and implementation of such, during 2022. The Omni-CBR aims to facilitate streamlined cross-sectional … Continued
Posted on 25 Jan 2022
The Financial Sector Conduct Authority (FSCA) recently released its Regulatory Strategy applicable for the period from 14 December 2021 to 31 March 2025. The Regulatory Strategy document outlines the FSCA’s key priorities for the next three years and provides clarification on the FSCA’s approach to policy development, regulation and supervision for the purpose of obtaining fair … Continued
Posted on 25 Jan 2022
The FSCA has issued FSCA FAIS Notice 142 of 2021 which grants an extension of the current exemption applicable to Compliance Officers regarding the minimum prescribed intervals of visits and reports to FSPs. The exemption which was first granted in 2017 and extended in 2019, has recently been extended again, until 31 December 2023. Conditions of … Continued
Posted on 25 Jan 2022
PAIA Manual A reminder that as from 1 January 2022, all public and private bodies must have compiled a PAIA Manual and made same available at your principal place of business, on your website (if any), and to the Regulator (should this be requested at any stage). FSCA Request for Information Licensed financial institutions … 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.
Masthead is a level 1 B-BBEE contributor.