This is where we usually have a brief look at the Minister of Finance’s budget speech. Well, not this year; the habit of not having to answer to anyone seems hard to break and the members of the government of national unity seem to be keeping an eye on each other. For our two (per)cents,…
Welcome to 2025! We hope it’s a fruitful year for you and your business endeavours. As South Africa and the rest of the world (well a lot of it) adjusts to the results of their elections, we hope to see industry and businesses thrive. THE FINANCIAL SECTOR CONDUCT AUTHORITY (FSCA) False licence claims The FSCA…
It’s finally here – the end of 2024! We wish everyone a peaceful festive season and safe travels if you are going away. We’ve rolled November and December into one Legislative Update, so you can get through everything before your office party. THE FINANCIAL SECTOR CONDUCT AUTHORITY (FSCA) Crypto-asset FSPs granted a regulatory exam (RE)…
We must have been really busy in September; it slipped our minds that Omega Compliance Solutions celebrated five years’ trading last month! It’s been a rollercoaster as we’ve navigated COVID-19 and anticipated the legislative change from FAIS to COFI. Thank you for being part of our journey as we look forward to the next five…
Apparently we ‘jumped the gun’ in deciding it was officially spring! As usual, Mother Nature had a surprise in store for South Africa and dragged us back into a few days of wintery cold. Nonetheless, some early rain is always welcome. The halls of the regulators have been quite busy though with plenty to keep…
As we reach the ‘official’ change of seasons and the weather coaxes us outside again, we realise that it is definitely time to pull out the mountain bike or exercise mat and try to get that beach body back! We hope you enjoy the warmer weather. It seems the various regulators have exhausted all their…
Almost there! Winter is nearly done, and the days are definitely getting longer and warmer. But before we start thinking about cricket season, we have a few weeks of international and Currie Cup rugby as well as the Olympics to get through. In the interim, we’re awaiting the regulators’ release of the (final?) consultation version…
June 2024 Legislative Update It seems we are in for another round of “sports” holidays – Wimbledon tennis, UEFA European Football Championship, T20 Cricket World Cup, Tour de France cycling, and international rugby. If you’re not into sport at least you can keep up to date with the legislators with this Legislative Update. If you…
May 2024 Legislative Update As you read this, you are either desperately trying to complete your CPD hours for the 2023-2024 cycle (not again!) or are realising just how stressful it could have been… There are numerous changes the financial services industry will have to implement over the next few months as detailed below, so…
April 2024 Legislative Update Well, winter is upon us and South Africans are headed to the voting stations next month. Time has certainly flown – don’t waste a minute though and get up to date on the changes to the legislation. THE FINANCIAL SECTOR CONDUCT AUTHORITY (FSCA) Continuous Professional Development deadline looms One of the…