Posted on 17 Feb 2021
It is critical to proactively implement the requirements of the Protection of Personal Information (POPI) Act – and Data Privacy Management in general – as all processing of personal information must comply to the Act by 1 July 2021. Postponing POPI Act compliance planning and implementation is a high risk, considering how seriously data breaches … Continued
Posted on 17 Feb 2021
The quarterly newsletter of the Ombud for Short-term Insurance (OSTI) Issue 4 of 2020 contains news and events, case studies, consumer tips, and an article on the OSTI’s complaints handling process. The case studies published in this issue focus on time-barred complaints, conditions for cover, and fraudulent claims. The case studies are intended to provide guidance … Continued
Posted on 17 Feb 2021
The Financial Sector Conduct Authority (FSCA) recently published a Press Release regarding the risks surrounding crypto-related investments. The FSCA is receiving a large number of complaints from investors who have lost their savings through investing in crypto-related investments, or where investors have fallen foul to scams packaged as a crypto investment promising unrealistic high returns. … Continued
Posted on 17 Feb 2021
The Financial Sector Conduct Authority (FSCA) recently published a draft exemption applicable to FSPs, Key Individuals and Representatives that render financial services in respect of credit life products and funeral products. Background and context In 2017, new classes and sub-classes of insurance business were introduced through the Insurance Act. In 2020, the Determination of Fit … Continued
Posted on 17 Feb 2021
On 4 February 2021, the Council for Medical Schemes (CMS) published PMB definition guideline: COVID-19 v7 which is an updated version of the Prescribed Minimum Benefits for COVID-19. The major changes in this version of the PMB guideline expands on: Inclusion of updated case definition Inclusion of COVID-19 vaccine as a PMB Inclusion of antigen testing … Continued
Posted on 17 Feb 2021
The Companies and Intellectual Property Commission (CIPC) recently published Notice 08 of 2021, introducing its new automated process registration system called K2. This new registration system will simplify the processes across its service provision which includes Name Reservation, Co-operative and Private company registration in a fully automated environment as a first phase. The new K2 … Continued
Posted on 17 Feb 2021
Annual Financial Statements FSPs with a financial year-end of 30 June who had to submit their AFS by 31 October 2020 but relied on the 4-month extension granted by the FSCA, must submit their AFS by 28 February 2021. FSPs that are required to submit Annexure A (FAIS Notice 82 of 2015) together with their … 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.