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Fourth Industrial Revolution Creating Crisis of Trust – More Regulation Inevitable

Davos, Switzerland: The speed of technological change is accelerating convenience at the expense of trust, raising questions about tech companies’ values, intentions and responsibility to consumers, argued a stellar panel of participants on the first day of the World Economic Forum Annual Meeting ...
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Passing the FAIS Regulatory Exams with Applied Learning

By Tamara Jacobsen, Director, Applied Learning Academy www. appliedlearning. co. za   The effective date of major changes to the Fit and Proper requirements under the Financial Advisory and Intermediary Services Act has been confirmed as April 1, 2018. The content of the Regulatory ...
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South Africa needs new skills now – one in three jobs is at risk of automation

Accenture says investment in intelligent technology and human-machine collaboration could boost revenues by 38%, employment by 10% by 2022. Davos: As the World Economic Forum kicks off in Davos, new research from Accenture highlights a key topic on the table: the impact of digital technologies ...
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Leadership is responsible for achieving good corporate governance outcomes

By Terrance M. Booysen and peer reviewed by Professor Michael Katz (Chairman: ENS Africa)   With the media spotlight on the dismal state of governance in some of South Africa’s public and private organisations, as well as many of its state-owned enterprises, there cannot be enough said ...
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Pope Tells Participants Human-Centric Economy Is ‘A Moral Imperative’ as 48th World Economic Forum Annual Meeting Gets Underway

Geneva, Switzerland: His Holiness Pope Francis helped open the 48th World Economic Forum Annual Meeting with a special message, passionately calling on participants to overcome fragmentation between states and institutions and work together to facilitate more inclusive approaches in an increasingly ...
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Irrevocable Guarantee:

An irrevocable guarantee is one of the ways of establishing the security needed for reinsurance ceded for a foreign reinsurer to be regarded as approved reinsurance under the Insurances Acts. The guarantee has prescribed wording and needs to be issued by a locally registered bank.
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