By Compli-Serve
*Please also see Rulings section in this week's newsletter*
A recent ruling by the Financial Services Tribunal in Coert Knoetze v FSCA (Case A10/2025) has reaffirmed critical principles around regulatory enforcement and the ongoing responsibilities of financial service providers (FSPs) in relation to the Fit and ...
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The Financial Sector Conduct Authority (FSCA) has published its long-awaited Open Finance Policy Recommendations, setting out a bold regulatory agenda to reshape how financial data is accessed, shared and safeguarded in South Africa, reports CityWire. The policy, released in March 2024, positions open finance as a transformative enabler of innovation ...
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The Financial Intelligence Centre (FIC) has issued a formal reminder to all banks and mutual banks regarding the correct registration and submission process for International Funds Transfer Reports (IFTRs) under section 31 of the Financial Intelligence Centre Act, 2001 (Act 38 of 2001).
Key Compliance Reminder
The FIC has reiterated ...
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By Lee Rossini
Preparing a financial services business for sale is not something that happens overnight. Whether you're looking to exit next year or in ten years’ time, building a business that is attractive to buyers takes careful planning, operational discipline, and a clear understanding of what drives value. Here are key guidelines to ensure your business is sale-ready when the time comes to sell:
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.
