The Prudential Authority (PA) has issued a comprehensive communication to the life insurance industry outlining material deficiencies identified through AML/CFT/CPF supervision over the 24-month period from 1 April 2022 to 31 March 2024. The message to life insurers is unambiguous: governance, risk management and control environments remain well ...
Read More
The Prudential Authority (PA) has issued a formal communication highlighting significant deficiencies in the anti-money laundering, counter-terrorist financing and counter-proliferation financing (AML/CFT/CPF) controls within the cross-border banking operations (CBBOs) of South African banks. The findings reflect supervisory work conducted over a 24-month period from 1 April 2022 to ...
Read More
The Prudential Authority has issued Communication 17 of 2025, introducing important updates to the approval process for auditor appointments under the Insurance Act. All licensed insurers must now use the revised form IF 006, which has been updated to streamline assessments and prevent delays.
Insurers must submit all required auditor ...
Read More
By Lee Rossini
As software development becomes more human-centred, vibe coding is an emerging framework that blends intuitive interaction, contextual awareness, and generative automation. It is a style of programming in which developers guide code creation using high-level intent, emotional cues, and conversational refinement rather than strictly technical instructions. It shifts the emphasis from manually constructing logic to shaping the feel, purpose, and outcome of a solution.
Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May 2025 deadline. View the CPD FAQs for more on accessing the CPD quizzes.
