March 2024 Legislative Update We hope that you have a peaceful time with current spate of public holidays – unlike our editor who has devoted the weekend to watching the very best of school-boy rugby! The regulators have been busy recently so there is plenty to catch up on… THE FINANCIAL SECTOR CONDUCT AUTHORITY (FSCA)…
February 2024 Legislative Update Depending on how you feel, February is either too short or perhaps too long since it’s a leap year. We’re happy there’s an extra day which will allow South Africa to be a little more productive because our economy certainly needs it! We’ll leave the dissection of the budget speech to…
Welcome back! We hope you’re feeling rested and ready to take on 2021. Unfortunately, it does seem as if the COVID-19 virus didn’t check its calendar, and has continued unabated. So, it looks like “more of the same” for 2021. THE FINANCIAL SECTOR CONDUCT AUTHORITY (THE FSCA) Contingent Business Interruption Insurance Cover On 23 December,…
OMEGA COMPLIANCE SOLUTIONS November/December 2020 And so, 2020 reaches its end! In probably the most unprecedented year any of us have ever lived through, it seems that no-one will look back too fondly on 2020. The uncertainties of 2021 are probably a little clearer given what we learnt this year, so let’s try to embrace…
Omega Compliance Solutions October 2020 NATIONAL TREASURY Conduct of Financial Institutions Bill (COFI) On 29 September, National Treasury (Treasury) released a second draft of the COFI Bill for further public comment. It’s been nearly two years since the first draft was provided for comment, and Treasury has said that it expects this round of comments…
September 2020 OUR FIRST ANNIVERSARY! It was just over a year ago that we started trading as Omega Compliance Solutions. And what a crazy year it’s been! In a bizarre turn of events, we’ve spent half the year working from home, and celebrated spring day in a virtual meeting. (In keeping with tradition, at least…
Omega Compliance Solutions August 2020 Level 2! It looks like South Africa is getting through the COVID-19 mire at last. But let’s not be complacent and remember to keep to the rules (you know we love rules) – wear a mask, sanitise your hands, and avoid unnecessary contact. Stay safe! FINANCIAL SECTOR CONDUCT AUTHORITY Banking…