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Legislation Updates

This section summarises key new legislation or drafts of pending legislation in the financial industry.

Financial Risk and Enterprise Risk Management

The FSB has release a large number of discussion documents and position papers on Solvency Assessment and Management and the implications for risk management.  More detail can be found on www.fsb.co.za

Micro-insurance

National Treasury released the Micro-insurance framework in July 2011.

Policy Document for Micro-insurance (pdf)

Other

  • Treating Customers Fairly

The FSB provided an update on TCF in November 2012.

Update on TCF framework by Leanne Jackson (pdf) 

  • Twin Peaks

The Twin Peaks implementation for public comment was released in February 2013 by National Treasury

Implementation of Twin Peaks (pdf)