ITWeb reports that fraud, corruption, state capture and human trafficking remain major drivers of financial crime in South Africa, with politically connected structures, hidden beneficial ownership and compliance failures helping illicit funds move through the economy. Speaking at nCino KYC’s ...
Read More ...IOL reports that the Pension Funds Adjudicator has strongly criticised the Chemical Industries National Provident Fund after a death benefit claim submitted in August 2017 remained unresolved almost nine years later. The deceased had been a member of the fund ...
Read More ...By Lee Rossini Client segmentation is the process of dividing a business’s client base into distinct groups that share similar characteristics, needs, behaviours or financial objectives. Rather than treating every client in the same way, segmentation enables a business to ...
Read More ...The following matter was handed down by the Financial Services Tribunal on 11 August 2026: ·Parties: NM Maphosa v New Life Retirement Annuity Fund and Pension Funds Adjudicator ·Case number: PFA21/2026 Key words Reconsideration application – FSR Act, s 230 ...
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CoinDesk reports that Austria’s Financial Market Authority has imposed a €70,000 fine on Bitpanda GmbH for breaches of the EU’s Markets in Crypto-Assets Regulation. The regulator found that the firm failed to submit a mandatory crypto-asset white paper at least 20 working days before publication and distributed marketing materials ...
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By Compli-Serve
For several years, much of crypto compliance revolved around one overriding question: are we licensed? That question still matters, but it is rapidly becoming the easiest one to answer. The regulatory conversation is moving well beyond market entry and towards how a crypto business actually operates day to ...
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By Compli-Serve
Crypto regulation remains fragmented across jurisdictions, but once the different terminology, legislative structures and supervisory models are stripped away, a surprisingly consistent regulatory philosophy is beginning to emerge. Europe has MiCA, the UK is moving crypto businesses towards full financial-services authorisation under its FSMA framework, South Africa has ...
Read MoreOn 14 October 2006, Complainant went to Respondent’s furniture shop, Barnetts at Port Shepstone, Kwa-Zulu Natal. She wanted to buy a small television set and a small stove.
Gumede vs. JD Group (2008) (Credit Life insurance)
CONDUCT OF BUSINESS REPORT FOR THE PERIOD ENDING
By Lee Rossini
Client segmentation is the process of dividing a business’s client base into distinct groups that share similar characteristics, needs, behaviours or financial objectives. Rather than treating every client in the same way, segmentation enables a business to understand differences between clients and tailor its products, communication, service levels and advice accordingly. In financial services, where clients can vary significantly in wealth, financial knowledge, risk tolerance and life circumstances, effective segmentation is valuable.
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