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17 June 2019 Financial Service Intelligence Watch

Policyholder protection rules 17 and 18 to take effect on 1 July 2019

This serves as a reminder that policyholder protection rule 17 (claims management) and rule 18 (complaints management), in so far as it relates to group schemes, will commence on 1 July 2019.

Compli-Serve notes that the notice for the new long-term and short-term policyholder protection rules (PPRs) was already published ...

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SARB publishes systemically important bank methodology

The South African Reserve Bank’s (SARB’s) methodology for determining ‘which banks are systemically important within the South African context’ was published this week, notes CompliNEWS contributor Pam Saxby. While no accompanying media statement was issued, the methodology’s development was probably informed by stakeholder input on a discussion document released ...

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Working Smart

By Lee Rossini

Most candidates arrive at an interview aiming to dazzle and leave a lasting impression. However, interviewing candidates for a position can be a mentally tiring process for the interviewer. More importantly, how do you make the right decision based on an hour interaction with a person who is prepared to only show you their best side? Being well prepared and making use of a structured interview process can assist in overcoming some of the challenges.


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