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21 September 2021 Financial Service Intelligence Watch

Viceroy demands info following ‘defamatory’ statements

On Thursday last week lawyers for Viceroy Research, the short-seller that was fined R50m by the Financial Sector Conduct Authority (FSCA), wrote to regulators accusing them of ‘scurrilous’ behaviour and demanding they hand over certain information within 24 hours.

A Business Day report says Johannesburg-based Snaid & Morris accuses the ...

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Santam Insurance Barometer cites the challenging economy, political unrest, the pandemic impact on businesses, cybercrime and climate change as key highlights

Insurance intermediaries need to move away from 'a product-push approach towards a more client-centric product build approach', Andrew Coutts, the head of intermediated business at Santam, said in the insurer’s newly released 2021 Barometer.

Santam, South Africa’s largest short-term insurer (STI), has released its 2020/2021 Insurance Barometer report on ...

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FirstRand joins Nedbank in shunning coal

Legalbrief Today Issue 5257

FirstRand, Africa’s biggest bank by market value, is ending its funding of new coal-fired power stations immediately and will halt the financing of new projects to mine the fuel over the next five years, says a Business Day report. The Johannesburg-based lender joins its peer Nedbank ...

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Working Smart

By Lee Rossini

Working from home is currently the norm, especially in the knowledge sectors such as financial planning. As the pandemic forced companies to adopt this practice, many of them welcomed the cost saving and short-term boosts in productivity that came with it. Despite these benefits, the long-term effects of employees working remotely are still largely unknown, and some believe that it could negatively impact business performance.

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