Financial services providers must navigate shifting compliance obligations as regulation and supervision constantly evolve. There’s no better way to get your bearings right than by attending Moonstone Compliance’s popular Regulatory Update Webinar. Registration is open for this year’s webinar, which will take place from 10am to 12pm on Wednesday, 12 November. Please click here to register. As […]
Financial services providers (FSPs) can find themselves lost in a maze of regulatory requirements, extensive documentation, and intricate processes when seeking authorisation from the Financial Sector Conduct Authority (FSCA). This is why Moonstone Compliance offers comprehensive licensing services that transform a potentially overwhelming journey into a streamlined, manageable experience. For more than two decades, Moonstone […]
Moonstone Compliance NCA offers Registration services, compliance services, and advisory services to its clients. This playlist will tap into the different services our NCA team offers and aims to serve as an informative hub for all NCA-related services and guiding you through all necessary requirements/ processes.
“I paid R500 000 for a master’s degree in FICA.” That’s the view of Miros Kaffka, who has emerged from a difficult experience after the Financial Sector Conduct Authority fined his company for non-compliance with aspects of the Financial Intelligence Centre Act (FICA). Last month, the FSCA informed Kaffka that his Pretoria-based business, MIKA Finansiële Dienste […]
The Financial Sector Conduct Authority is preparing a contingency plan if the Conduct of Financial Institutions (COFI) Bill faces further delays in 2025. The regulator’s backup strategy includes formal consultations and the phased introduction of its subordinate legislative framework. This was among updates shared at the FSCA’s 2025 annual Industry Conference last week regarding the […]
Registrations for Moonstone Compliance’s free webinar for accountable institutions in the agri-business sector close today (27 January). Click here to register for the webinar, which will take place on Wednesday (29 January). Many people in the agri-business sector – including auctioneers and traders in farming implements – are unaware that they are now accountable institutions […]
Billy Seyffert, the chief operating office of Moonstone Compliance, breaks down the key regulatory and compliance developments of 2024 and what’s on the horizon for 2025. Whether you’re a financial adviser, insurer, or an accountable institution under the Financial Intelligence Centre Act (FICA), this discussion offers valuable insights into the changes shaping the compliance landscape. […]
Financial entities are strongly advised to review and reinforce their anti-money laundering (AML) and counter-terrorist financing (CTF) controls, as the Financial Sector Conduct Authority wraps up the year with R1.2 million in fines for non-compliance with the Financial Intelligence Centre Act (FICA). In a statement last week, the FSCA said administrative sanctions had been imposed […]
The Financial Sector Conduct Authority has made significant strides in regulating crypto asset service providers (CASPs) under the Financial Advisory and Intermediary Services Act. Since the licensing process began on 1 June 2023, the FSCA has received a total of 420 CASP licence applications. Of these, 248 have been approved, while nine were declined. Another […]
The introduction of the two-pot retirement system has sparked debate about whether retirement funds’ investment strategies should adapt to this new framework. Andrew Davison, the head of Institutional Business at Old Mutual Multi-Managers, discusses how the new system provides space for investment strategies to improve members’ outcomes at retirement.
