Talita Laubscher and Melissa Cogger, Partners and Chloë Loubser, Knowledge and Learning Lawyer, Bowmans South Africa An important step for designated employers to ensure compliance...
Regulation & Compliance
OPFA Communication 1 of 2025 – Update on application of in duplum rule
Lize de la Harpe, Senior Legal Advisor at Sanlam Corporate Introduction The recent judgment in the matter of Blue Crane Route Municipality v Municipal Workers Retirement Fund...
RMCP enforcement is here, and the consequences are real
Sameer Kumandan, MD of SearchWorks360 Having a Risk Management and Compliance Programme (RMCP) isn’t just a procedural formality - it is a legal requirement under Section 42 of the...
FSCA publishes its regulatory strategy for 2025 – 2028
FSCA press release The Financial Sector Conduct Authority (FSCA) has released its Regulatory Strategy for 2025 - 2028, outlining its strategic direction for the next three years. The...
Legacy policies cannot withdraw under two-component retirement system
Muvhango Lukhaimane, Pension Funds Adjudicator Members of pension funds are advised to understand that a legacy policy - any policy in respect of a retirement annuity plan entered into...
POPIA Regulations get a makeover – what you need to know
Nadine Mather, Partner, and Pascale Towers, Senior Associate, at Bowmans The Protection of Personal Information Act (POPIA) Regulations have just received a facelift, with the...
Under pressure: Navigating financial regulatory heat in South Africa in 2025
Anél De Meyer & Lerato Lamola, Partners at Webber Wentzel "Pressure pushing down on me, pressing down on you..." the iconic line from Bowie and Queen’s anthem feels prophetic for South...
Freedom month: NFO champions justice and fairness for credit consumers
Howard Gabriels, the Lead Ombud for the Credit Division at the NFO The National Financial Ombud (NFO) has reaffirmed its commitment to protect credit consumers from exploitation and...
Why microlenders are under the regulatory spotlight
Sameer Kumandan, MD of SearchWorks360 Microlending is the practice of providing small loans to individuals or groups who can’t access traditional financial services. In South Africa,...
When you cannot bank on your bank, the NFO can assist
Nerosha Maseti, the Lead Ombud of the Banking Division at the National Financial Ombud Scheme (NFO) Bank customers have every right to expect good service and for complaints to be...
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