Impact of FAIS Notice on FAIS regulatory exams
Regulatory changes have always had a huge impact on the content of the Regulatory Exams.
The latest FSCA FAIS Notice 86 that comes into effect on 1 February 2019 is no exception.
Compli-Serve notes that, due to the publication of new requirements and regulations for supervision which come into effect on 1 February 2019, the ...
Services under Supervision: Exemption Conditions Quick Tip (8 of 2018) based on FSCA FAIS Notice 86 of 2018
Dr Des Leatt, Compli-Serve SA
The long awaited Exemption of Services under Supervision has finally arrived! In a nutshell, Services under Supervision are now fully aligned with the competency requirements of the new Fit and Proper Requirements for Financials Services Providers, published in BN 194 of 2017, that came into ...
Compliance function at inflection point
McKinsey’s benchmarking survey of leading banks helped identify five steps toward transforming the efficiency and effectiveness of the compliance function.
Institutions have heavily invested in compliance over the past decade. With costs increasing at such a rapid rate, banks are now seeking to improve the efficiency as well as the ...
POPI Regulations, 2018