By James George, Compli-Serve
The FSCA’s most recent administrative sanction against Harith Partners has sent a clear warning to the industry: the era of high-level, theoretical AML policies is over. The regulator expects fully operational, evidence-driven Risk Management and Compliance Programmes that guide staff in detail, not merely outline principles. The ...
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Thulani Dlomo, the former deputy director of counterintelligence at the State Security Agency (SSA), and Patrick Mshotholo, a project manager in the old Directorate of Special Operations, have been arrested on charges of theft, fraud, forgery and uttering relating to the disappearance of about R12 million. Both appeared in the ...
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Business Day reports that most of the 500 suppliers implicated in corruption remain eligible to trade with the state, highlighting how deeply state capture-era weaknesses still run through South Africa’s procurement framework. A parliamentary reply, triggered by ActionSA MP Alan Beesley, confirmed that of 509 individuals and entities referred by ...
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By Lee Rossini
Understanding the basics of behavioural finance is essential when giving clients financial advice. While traditional finance assumes clients make decisions rationally, behavioural finance recognises that people are influenced by emotions, mental shortcuts and unconscious biases. These influences can lead clients to make decisions that conflict with their long-term financial interests. Understanding these behavioural tendencies is crucial – not only to support clients to make better choices, but also to improve engagement, trust and outcomes.
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