The reasons for the sanction are virtually identical to those that saw the Authority fine an FSP earlier in February.

Independent intermediaries must adhere to the conditions if they want to rely on the exemptions from the regulations under the Short-term and Long-term Insurance Acts.

The regulator says its ‘leniency regarding direct marketing through unsolicited electronic communications is going to be a thing of the past’.

MBSE’s CPD subscription packages are designed so that FSPs and their representatives can obtain their CPD hours.

For the first time, theft, fraud, and corruption have surged onto the Allianz Risk Barometer’s top 10 business risks for South Africa.

The commissioner says the Revenue Service has put measures in place to meet the revised estimate for revenue collection.

Research on behalf of the Actuarial Society recommends prohibiting individuals with minor injuries from submitting loss of income claims.

SA has staggered deadlines by when it must address the 17 outstanding items on the global body’s 22-item Action Plan, to get off the grey list.

The summons is a result of SARS’s purported inability to collect taxes owed by former clients that were allegedly part of an international criminal syndicate.

The credit rating agency believes the government will have to provide additional support to SOEs such as Transnet.

The Draft Global Minimum Tax Bill aims to enforce a 15% multinational top-up tax on multinational enterprise groups, aligning with global efforts to implement a comprehensive system of minimum taxation.

It’s been a year since the Financial Action Task Force (FATF) grey-listed South Africa. At the time, many predictions were made about the impact that greylisting would have on the country. Moonstone speaks to Sangeeth Sewnath, deputy managing director of Ninety One, about the extent to which greylisting is affecting the economy, the capital markets, and retail investors. Have we seen the worst of the fall-out, or is there more pain to come? Most importantly, is the country making progress with achieving the FATF’s action plan to get off the grey list in 2025? Sewnath was one of the high-profile people featured in “Greylisting”, the documentary Moonstone released last year that explains why South Africa was grey-listed.