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Headline Stories of the Week

FSCA publishes Pension Funds Act Guidance Note 4 ...

12 Oct 2018 Financial Service Intelligence Watch

The Financial Sector Conduct Authority (FSCA) has this week published Pension Funds Act (PFA) Guidance Note 4 of 2018 entitled ‘Exemption from the requirement that members of the fund have a right to elect members of the Board of a ...

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We're in the dark about national health insurance

12 Oct 2018 Financial Service Intelligence Watch

Legalbrief Today Ordinary South Africans have been left ‘clueless’ about what services they can expect from national health insurance (NHI) and what they can expect to pay for them, not at the point of service, but by way of increased ...

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'Significant owner' fit & proper standard mooted for ...

12 Oct 2018 Financial Service Intelligence Watch

A consultation paper proposing a ‘standard on fit and proper person requirements for (the) significant owners of financial institutions’ was released yesterday for comment by 16 November 2018, reports CompliNEWS contributor Pam Saxby. To be applied jointly by SA’s two ...

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Huijink-Maritz v Municipal Manager, Matjhabeng Municipality and Another ...

12 Oct 2018 Financial Service Intelligence Watch

This case deals with a request for information in terms of the Promotion of Access to Information Act (PAIA) and the judgment is dedicated to one question: what is the difference, if any, between an actual refusal and a deemed ...

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Latest Compliance News

Inter-Provincial Financial Literacy Speech Competition, 2018

Financial Sector Conduct Authority (FSCA)

Following its successful inauguration in 2016, the Financial Sector Conduct Authority (FSCA) in collaboration with the Financial Services Consumer Education Foundation, will again host the Inter-Provincial Literacy Speech Competition at Kopanong Hotel, Benoni on 12 October 2018.

The purpose of the competition is to promote ...

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FSCA warns the public against Dynasty Capital Management

Financial Sector Conduct Authority (FSCA)

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Dynasty Capital Management. Dynasty Capital Management is not authorised in terms of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act), to render any financial advice and intermediary ...

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Latest Open-Source Library Items
Working Smart

 By Lee Rossini

The Interview Process

Last week’s article discussed the importance of following a well-structured and planned recruitment process in order to select the right employees for your organisation. An important part of this process is to interview prospective candidates.   

The objective of an interview process is to find out three things about applicants:  Does the person have the ability to do the job? Will the person be motivated to be successful?  Will there be a good match between the person and the business?   However, there are concerns around the validity and reliability of the interview process. 

 

CPD

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