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FSCA publishes new FAIS Notices

Publish date: 22 March 2019
Issue Number: 63
Diary: CompliNEWS
Category: General

The Financial Sector Conduct Authority (FSCA), issued the following new FAIS Notices:

FSCA FAIS Notice 20 of 2019
Amendment of Notices on Exemption of Particular Persons from Qualification, Regulatory Examination and Fees Requirements, No 3 of 2019

FSCA FAIS Notice 19 of 2019
Exemption of Marara Risk Solutions (Pty) Ltd, 2019

FSCA FAIS Notice 18 of 2019
Exemption of Particular Persons from Qualification, Regulatory Examination and Fees Requirements, No 8 of 2019

FSCA FAIS Notice 17 of 2019
Provisional Suspension of Authorisation, No 1 of 2019

FSCA FAIS Notice 16 of 2019
Lifting of Suspension of Authorisation, No 1 of 2019

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Working Smart

By Lee Rossini

Although AI does offer benefits in terms of efficiency, accuracy, cost reduction and scalability, integrating the tools into a business requires more than just adopting the latest technology. To make the most of AI, a well-thought-out strategy that aligns with business goals, adheres to regulatory requirements, and manages risks is very necessary. An AI strategy should consider the following:

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