TechCentral reports that South Africa’s exit from the FATF grey list marks a significant turning point for the financial services sector. After a sustained period of regulatory reform and remediation, the country has restored a level of international credibility that had been under pressure.
The immediate benefit is clear. Reduced ...
Read More
Financial crime is evolving at pace. It is faster, more complex and increasingly difficult to trace. As a result, the traditional compliance model, built around identifying and reporting suspicious activity after the fact, is no longer sufficient.
A clear shift is underway. Compliance is moving from reactive monitoring to proactive ...
Read More
By Compli-Serve
In AML, 'beneficial ownership' is one of the most important – and most misunderstood – concepts. It’s easy to record who you are doing business with on paper. It’s much harder to determine who is really behind that client.
That distinction is exactly where both regulatory risk and financial crime ...
Read More
By Lee Rossini
Providing value to clients in a financial advice business goes beyond selecting investment products or delivering market updates. Because financial services are largely intangible, the concept of 'value' must be intentionally defined, consistently delivered, and clearly demonstrated. Value is not what financial advisers think is important; it is what the client perceives as beneficial relative to the cost, effort, and trust they invest. For many clients, value includes clarity about their financial situation, a sense of control over their future, and reduced anxiety about uncertainty. It also includes having a professional who listens, understands their goals, and acts in their best interest. At its core, value for clients means helping them achieve meaningful life outcomes such as financial security, peace of mind, and confidence in their future through informed, personalised, and trustworthy financial advice.
Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May deadline. View the CPD FAQs for more on accessing the CPD quizzes.
