The South African Association of Treasury Advisors
The South African Association of Treasury Advisors (SAATA) was launched in October 2019 to enable and facilitate constructive discussion and representation between members and stakeholders, including...
View ArticleThe Reasonable Precautions Clause
Donald Dinnie, Director at Norton Rose Fulbright explains why it is important to evaluate the “reasonable precautions” clause at underwriting stage. The post The Reasonable Precautions Clause appeared...
View ArticleRDR Outlook with Ian Middleton
x Ian Middleton, Managing Director, Masthead Ian Middleton speaks about the recent Masthead research on RDR. Product providers, Regulators & the media all have a role to play in educating...
View ArticleGoing into Africa – Challenges & opportunities
Christoph Leuzinger spoke about global trends & Regulatory challenges faced by multi-national companies looking at conducting business in Africa. He also speaks about solutions to assist in...
View ArticleChristoph Leuzinger talks risk
Christoph Leuzinger Christoph Leuzinger spoke about the common risks faced by business highlighting compliance and regulation.
View ArticleAfrican oil & gas organisations plan for an upturn in the oil price
Countries such as Kenya, South Africa and Tanzania have been taking a serious look at legislation currently in place with a view to making it more investor-friendly. PwC’s ‘Africa oil & gas review,...
View ArticleRegulation expected to encourage investment in hedge funds
Hedge funds have been declared collective investment schemes from 1 April 2015, with regulation including market conduct guidelines to ensure cost-effectiveness and standards on leverage. According to...
View ArticleThe global cost of compliance
Thomson Reuters announced on 14 March 2014 the findings of its annual “Cost of Compliance” survey which revealed that 53% of compliance officers feel their personal liability has increased; a...
View ArticleZurich’s new app for global regulators
MicroStrategy® Incorporated announced on 7 July 2014 that Zurich Insurance has deployed a MicroStrategy Mobile™ app that helps ensure transparency of operations and compliance with financial...
View Article2nd Annual insurance regulation conference
Unpacking the regulatory framework that impacts the insurance industry to give you the advantage when complying. You will get to hear about the latest regulatory developments and their impact to the...
View ArticleTaking stock of micro-insurance
Cenfri has undertaken a stock-taking study of South African micro-insurance on behalf of the FinMark Trust. The proposal for a South African micro-insurance regulatory framework has been on the table...
View ArticleWhere we stand with climate change
Q&A with Andrew Gilder on climate change in SA, senior associate in environmental law at ENS Africa 1. Where do we currently stand with regards to climate change regulation in SA? The climate...
View ArticleReuters launches ‘Know Your Customer’
Thomson Reuters launches a new solution to support financial institutions and their clients to increase efficiency and reduce costs in complying with Know Your Customer (KYC) requirements. Accelus Org...
View ArticleILAB requires Insurers to appoint heads of control functions
South Africa’s Insurance Laws Amendment Bill 2013 (‘ILAB’) has recently been published for public comment. ILAB, if adopted, will bring about amendments to the Long-term and Short-term Insurance Acts...
View ArticleWhite collar is not a victimless crime
On Tuesday 28 January the South African Insurance Crime Bureau (SAICB) held a breakfast seminar on white collar crime and protection of personal information. The speakers from Norton Rose Fulbright...
View ArticleThe cutting edge of regulation
COVER is the proud media partner for the 2014 Cutting Edge seminar entitled, ‘On the Regulatory Front ’. This practical one-day event will take place on 25 March in Johannesburg at the Focus Rooms...
View ArticleIs all regulation constitutional?
In 1999, South African Mark Shuttleworth sold the rights to Internet Security software that his firm, Thawte, had developed to American firm Verisign, in a deal worth R 3.5 billion. He became one of...
View ArticleRegulator’s proposals on cell captive insurance are largely positive, says...
Despite more regulation coming down the track in South Africa, the Financial Service Board’s proposals to strengthen the regulatory framework of the third-party cell captive insurance industry are...
View ArticleRegulation rates no.1 risk Globally and in South Africa
The greatest risk currently facing the insurance industry comes from the wave of new regulation being introduced at international and local levels. The CSFI’s (Centre for the Study of Financial...
View ArticleThe Registrar of Short-Term Insurance referred a matter against Santam...
The referral relates to the following contraventions: 1. Directive 156.A.i. (ST) read with Section 4(2) of the Short-Term Insurance Act, No 53 of 1998 (“Act”) in that Santam failed to comply with an...
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