The FSB has published the proposed amendments to the General Code of Conduct and Specific Code for Short Term Deposits which will give effect to certain RDR Proposals and align with the draft Long Term and Short Term Insurance Policyholder Protection Rules.
Interested parties have been invited to submit their comments to the FSB by emailing fais.consultations@fsb.co.za. Comments must be submitted by 28 February 2018.
Over the next few weeks, we will unpack the proposals and what they mean and will consider the impact of the proposed amendments on IFAs.
Masthead will provide feedback to the regulator. If you would like to share your comments or provide some input, please send us an email: compliance@masthead.co.za.