Address: cnr Prince George & Kingsway Avenue
Brakpan
1541
South Africa
Postbox: PO Box 1420
Brakpan
1541
South Africa
Scope: Gauteng.
On the proclamation of the FAIS and FICA Acts (the Financial Advisory and Intermediary Services Act No 37 of 2002 {FAIS} and the Financial Intelligence Centre Act No 38 of 2001 {FICA}), National Compliance Company (Pty) Ltd was established in April 2004, to advise and assist independent financial advisors on how to comply with the legal requirements aimed at regulating the industry mainly through the establishing of a compliance function.
The Long-term Insurance Act No. 52 of 1998, which provided for the registration of long-term insurers, the control of certain activities of long-term insurers and intermediaries and for general matters connected with the long-term insurance industry.