Crucial deadline for FIC-supervised entities
Crucial deadline for FIC-supervised entities

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Moonstone Monitor | 6 March 2025
IN THIS WEEK'S ISSUE
Top stories
ASISA rejects proposed ‘dualistic nature’ of CIS portfolios
Crucial deadline for accountable institutions supervised by the FIC
Santam’s earnings surge despite troubling weather and vehicle claims
Stay compliant and competitive: join our direct marketing webinar
In the news
Record R35.25bn outflow marks cautious year for South Africa’s CIS market
Revised unit trust fund classifications: early impact in focus
Tribunal upholds FSCA’s sanctions for unauthorised advice
What if your client’s beneficial owner is in a sanctioned jurisdiction?
Where consumers spend and where they try to save
What the BHF and HASA are arguing in their legal challenges to the NHI Act
Implications for the insurance industry of expropriation without compensation
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In Lighter Wyn
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TOP STORIES
ASISA rejects proposed ‘dualistic nature’ of CIS portfolios
ASISA warns that reclassifying collective investment scheme portfolios as profit-making schemes will undermine years of established investment policy.
Top story read button
Crucial deadline for accountable institutions supervised by the FIC
They must submit a copy of their RMCP to the Financial Intelligence Centre by 12 March.
Top story read button
Santam’s earnings surge despite troubling weather and vehicle claims
Nearly all the group's divisions report strong growth in business volumes.
Top story read button
Stay compliant and competitive: join our direct marketing webinar
The latest Guidance Note on Direct Marketing has clarified key rules that could impact your business. Join Moonstone Compliance’s expert-led webinar to ensure your marketing strategy is both effective and lawful.
Top story read button
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IN THE NEWS
Record R35.25bn outflow marks cautious year for South Africa’s CIS market
Reinvested income and strong interest-bearing portfolio performance led to net inflows of R85.82 billion in 2024.
Itn read button
Revised unit trust fund classifications: early impact in focus
The new SA Multi Asset SA High Equity category is expected to gain traction over time, despite slower uptake in the early stages.
Top story read button
Tribunal upholds FSCA’s sanctions for unauthorised advice
FSPs must ensure their representatives operate strictly within their authorised product categories and according to the client’s mandate.
In the news 3 read button
What if your client’s beneficial owner is in a sanctioned jurisdiction?
Clients with UBOs in sanctioned areas face enhanced risk, potentially triggering relationship termination and strict regulatory measures.
In the news 3 read button
Where consumers spend and where they try to save
A DebtBusters study provides interesting insights into how South Africans in different income bands prioritise their spending outside of debt repayments.
In the news 4 read button
What the BHF and HASA are arguing in their legal challenges to the NHI Act
The Board of Healthcare Funders wants to see records that disclose whether President Cyril Ramaphosa disregarded constitutional concerns before signing the NHI Act into law.
In the news 5 read button
Implications for the insurance industry of expropriation without compensation
Although expropriation itself is generally an excluded event, there may be knock-on effects that could impact the insurance sector.
In the news 6 story read button
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Career opportunities
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CAREERS PLATFORM - INDUSTRY POSITIONS
 
Commercial & Personal Lines Underwriters: Porcupine Union, Centurion, Gauteng. Our client, a leading financial services group, has roles available for both Commercial and Personal Lines Underwriters.They are looking for detail-oriented and proactive Underwriters who will be responsible for generating commercial and/or personal lines quotations for new and existing clients,
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Financial Advisor: Coastal Equities t/a Rise Up Capital, Durban,KZN. We are looking for a Financial Advisor. At Rise Up Capital, we are more than just an investment firm, we are your trusted partner in navigating the financial landscape.
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Short-Term Telesales Broker: Wilson Insurance Consulting, Sea Point, Cape Town. We are seeking an experienced short-term telesales broker who can work independently without supervision.
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CAREERS PLATFORM - MOONSTONE POSITIONS
 
For career opportunities currently available at Moonstone please click the button below.
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IN LIGHTER WYN
Two be or ...

To_be

 

Doing_nothing

 

problem_solver

 

Lego

 

Turning vegan would be a big missed steak.

Cows have hooves because they lactose.

For chemists, alcohol is not a problem. It’s a solution.

Jokes about communism aren’t funny unless everyone gets them.

Dogs can’t operate MRI scanners, but CATs can.

Double negatives are a no-no in English.

If you’re afraid of Santa, you may be claustrophobic.

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