Posted on 15 Apr 2021
Continuous professional development (CPD) keeps professionals at the cutting edge of development in their industry. The financial advice industry is no exception: Board Notice 194 of 2017 makes CPD a fit and proper requirement for key individuals, sole proprietors and representatives. CPD is the process of lifelong learning by which you engage in activities that … Continued
Posted on 15 Apr 2021
The Council for Medical Schemes recently published Circular 18 of 2021 which contains the details on the adjustment of fees payable to brokers. The Minister of Health has approved an increase on the maximum fee that is payable by medical schemes to brokers with effect from 1 January 2021. Regulation 28(2) published in terms of … Continued
Posted on 15 Apr 2021
In July 2020, the Information Regulator published draft guidelines on the registration of Information Officers. The consultation period has since been completed and the Information Regulator recently published the final version of the guidance note relating to the registration of Information Officers and Deputy Information Officers. The Information Regulator is developing an online portal for … Continued
Posted on 15 Apr 2021
The Financial Intelligence Centre (FIC) Act imposes obligations on accountable and reporting institutions and other persons to report certain transactions to the FIC. The FIC obtains financial intelligence and other data from these reports which are filed in accordance with various sections of the FIC Act. Public Compliance Communication (PCC) 50 provides guidance to reporters … Continued
Posted on 15 Apr 2021
The Financial Intelligence Centre (FIC) recently issued Public Compliance Communication (PCC) 49 which provides guidance and clarity on certain money laundering (ML), terrorist financing (TF) and proliferation financing (PF) considerations and provides suggested resources that may be consulted in determining ML/TF/PF risks related to geographic areas. An accountable institution relies on different ML/TF/PF indicators to … Continued
Posted on 15 Apr 2021
In July 2020, the Financial Intelligence Centre (FIC) published draft Public Compliance Communication (PCC) 12A for public comment. The draft PCC provided guidance and clarity on what compliance activities can be outsourced by an accountable institution to third parties. The consultation period has since closed, and the FIC has recently published the final version of … Continued
Posted on 15 Apr 2021
Complete your CPD targets before the deadline – 31 May 2021 FSPs, KIs and Reps are reminded that the deadline to meet the minimum number of required CPD hours is 31 May 2021. For the 2020/2021 CPD cycle, an FSP, KI or a Rep that is authorised, approved or appointed to render or manage or … 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.
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.