June 2025 Legislative Update As the southern hemisphere rolls past the winter solstice, we start looking towards the change of seasons and a fresh start to our compliance monitoring programmes. If you’re lucky enough to be able to head off to Wimbledon, we hope the weather holds and you get to watch some games. The…
We’re sure many people are heavily focused on completing their Continuous Professional Development hours by the end of the month. There’s still time to complete the necessary hours if you haven’t, and we’re sure there won’t be a last-minute rush next year! THE FINANCIAL SECTOR CONDUCT AUTHORITY (FSCA) FSCA Regulatory Strategy for 2025-2028 The FSCA…
We’ve reached that point of the year where business is in full swing (despite everyone taking a week off…) and regulators are running with their plans. There’s plenty happening so read on and keep up to date once you’ve figured out how to fix your VAT problem that probably shouldn’t have happened. THE FINANCIAL SECTOR…
As South Africa prepares for the change of seasons (everyone loves autumn…), intermittent loadshedding (not so much love here), and an incremental VAT increase (depends on where you sit), it’s important to remind ourselves that the only guarantee is change. Let’s embrace change and go with it as the regulatory changes start to flow. THE…
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…