03 August 2021 Archives

Business continuity in times like these

Posted on 3 Aug 2021

Recent events highlight that business sustainability also entails being prepared for times of crisis and the ease of implementing a business continuity plan to continue operations. The week of 9 to 17 July 2021 is being called South Africa’s darkest hour, even in the midst of the devastating effects of Covid-19. Looting and destruction of … Continued

Ombud’s Annual Report 2020

Posted on 3 Aug 2021

The Ombudsman for Long-term Insurance and the Ombudsman for Short-term Insurance (OSTI) recently published its first combined Annual Report. The Annual Report 2020 includes, among others, complaints statistics and key figures, complaints trends, as well as explanatory notes and insurer statistics. The report also includes case studies from recent industry incidents, which focus on among … Continued

FSCA guidance on the use of Electronic Signatures and Prepopulated documents

Posted on 3 Aug 2021

The Financial Sector Conduct Authority (FSCA) recently published FSCA Communication 12 of 2021 which provides guidance to FSPs and Representatives on the use of electronic signatures and pre-populated documents. With many working remotely due to the COVID-19 pandemic and resultant lockdown regulations, there has been an increased use of electronic signatures. It has come to the … Continued

FSCA statement on SASRIA claims

Posted on 3 Aug 2021

The Financial Sector Conduct Authority (FSCA) recently published a press release, titled Statement on SASRIA SOC Limited insurance claims, noting the civil unrest, riots and looting that have been happening in various parts of the country. The FSCA has been in discussions with SASRIA Soc Limited (SASRIA), which is the only non-life insurer that provides … Continued

Guideline for settlement of SASRIA claims

Posted on 3 Aug 2021

SASRIA has recently published a guideline to assist with settling claims due to the KwaZulu-Natal and Gauteng protests and looting that took place during 9 to 19 July 2021. Click here to read the Guideline for settlement of SASRIA claims

Reminders – 03 August 2021

Posted on 3 Aug 2021

Ensure contact details are updated FSPs are reminded to check that all their information and contact details on the FSCA’s website is up-to-date and correct. Levies due by FSPs will be calculated based on the information available to the FSCA as at 31 August 2021. Where such information or contact details require updating, FSPs should … Continued

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Mastering Compliance Newsletters

03 August 2021

Business continuity in times like these

Ombud’s Annual Report 2020

FSCA guidance on the use of Electronic Signatures and Prepopulated documents

FSCA statement on SASRIA claims

Guideline for settlement of SASRIA claims

Reminders – 03 August 2021

EARN CPD HOURS

Mastering Compliance Newsletters

03 August 2021

Business continuity in times like these

Ombud’s Annual Report 2020

FSCA guidance on the use of Electronic Signatures and Prepopulated documents

FSCA statement on SASRIA claims

Guideline for settlement of SASRIA claims

Reminders – 03 August 2021

EARN CPD HOURS

MASTHEAD IS

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