FSCA Fines 3 Firms For Money Laundering Compliance Failures

All three FSPs are licensed under the Financial Advisory and Intermediary Services Act and are accountable institutions under Fica, which aims to help combat money laundering, the financing of terrorism and other related criminal activities.

3min read

BRIAN BENFIELD: Fais Act has failed and belongs on the ash heap of history

An excellent place to start unravelling SA’s “excessive regulatory burden,” recently highlighted by the World Bank, is the 2002 Financial Advisory & Intermediary Services (Fais) Act.

Understand more about Fais and why in this writer’s opinion it has failed. 3min read         

Press freedom linked to greater financial stability, finds global study

Press freedom is widely considered to be a cornerstone of democracy. It brings accountability, transparency and access to reliable information. But beyond its democratic role, press freedom is also a vital part of a stable economy. Research has shown that it acts as a kind of financial watchdog, ensuring balance and accuracy.

Enlightening 3min read

Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers

This article cites six top individuals in the American Insurance industry who show how and where the tariffs will hurt most.

2min read

The woman who was the youngest senior manager at Absa and now chairs one of its biggest competitors

Be inspired by Santie Botha and take some tips from her on making sure you produce the right results in your executive corporate role. In her words: “When you have B-team players, you’re going to get B-team results. So, get your A-team—like-minded individuals with different skills—and the sky’s the limit.”

2.5min read