Address: 32 Princess of Wales Street, 3rd Floor, Sunnypark Ridge Offices
Postbox: PO Box 61674; Marshalltown
The Banking Association South Africa is the representative voice of banking in South Africa. Its members include foreign, retail, merchant, investment and commercial banks. Its role is to "establish and maintain the best possible platform on which the banking groups can do competitive, profitable and responsible banking". Comments and submissions on regulatory changes, legislation, consumer concerns and policy documents, as well as research and study into best international practice, are core strategic activities of The Banking Association.
All expenses of an insurance company which relate to the carrying on of insurance business, other than expenses connected with investments and investment property and expenses of a general nature, such as director’s fees. Also termed management expenses. Underwriting Fund See insurance funds.