On 27 July 2017, we published an article in which we reminded all providers of credit life insurance, that the final credit life insurance regulations published under Government Gazette Notice No 103, in the Government Gazette No 40606 of 2017 (Regulations) will come into effect on 10 August 2017.
Credit providers need to ensure that its current practices relating to credit life insurance are aligned with the Regulations.
By Ernie van der Vyver, Partner; Johann Spies, Partner; Nicole Britton, Associate
Clyde & Co
www. clydeco. com
On 15 November 2017, the Financial Services Board published the third draft of the proposed ... Read More »
by Gerrit Viviers
In future, insurers will have to submit credit information in order to continue accessing consumer credit reports from credit bureaux. On 3 November 2017, the National Credit Regulator (NCR) ... Read More »
By Associated Compliance (Pty) Ltd
Compliance Practice 6377
There is global acceptance that the role of a compliance officer is to ensure that a company is conducting its business in full compliance with all ... Read More »
Perceived disparities between remuneration for tied agents and independent advisers have been a bone of contention for ages. The Registrar also expressed concerns about the possibility of using remuneration, other ... Read More »