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After years of meticulous development, the International Association of Insurance Supervisors is shifting its focus to the next big challenge: rolling out the Insurance Capital Standard on a global scale.

Accountable institutions that did not pay the smaller fine or remediate their non-compliance now face harsher penalties.

One digital bank emerges head and shoulders above the rest in the 2024 South African Banking Sentiment Index.

Enrolling in selected NQF qualifications by 10 December will result in 50% off the first module, adding significant value to the entire course.

Challenges remain with the representation of black people in executive director roles, ASISA’s latest transformation report shows.

PwC’s ninth tax transparency review shows a growing trend among South African corporates to produce stand-alone tax reports, signalling a commitment to accountability and sustainable business practices.

The two-pot system demands members make choices for vested, savings, and retirement components – all with distinct rules and tax implications. This complexity is driving the need for personalised advice and the systemic changes to support members effectively.

McKinsey Africa has agreed to pay $123 million in a deferred prosecution agreement with the US Department of Justice for its role in a bribery scheme involving Eskom and Transnet.

While challenges remain, improvements in energy supply, the rand, and infrastructure investment offer hope for future growth, provided the government continues to deliver on its promises.

Watch Moonstone Update for an overview of some of the stories covered in the past week's Moonstone newsletters.

In this week's episode:

• Spam calls are now electronic communication: guidance note closes direct marketing loophole
• SCA upholds order to release full Steinhoff forensic report
• Small businesses gain relief under Employment Equity Act amendments
• Criminal liability for small businesses that fail to register for VAT
• Two pots: most Alexforbes members who have claimed will do so again