As you read this, South Africa teeters on the brink of a COVID-19 third wave. As a nation we’ve been fortunate to hold it off for this long, but without a concerted vaccine drive and take-up by the population, it seems inevitable. Don’t let COVID-19 fatigue get you, and please maintain your precautions. As winter…
CONTINUOUS PROFESSIONAL DEVELOPMENT (CPD) – ONE MONTH TO GO! We’re sure we don’t need to remind you that there’s only one month to go to complete your CPD hours in terms of the FAIS Fit and Proper requirements. There’s plenty of material available, but we’d recommend our CPD partners AC Develop. Sign up and get…
It’s almost time for a well-deserved break – just a few more days! With various religious and public holidays coming up, we hope you take the opportunity to regather some energy. Stay safe and healthy if you’re attending any events. We’ve gathered some light reading for the long weekends coming up. The Financial Sector Conduct…
The world continues to battle the COVID-19 pandemic, and the spotlight is now on the capabilities and mettle of our government as it tries to meet its obligation to distribute vaccines. Many of our clients, colleagues, and families have contracted the virus. Most have recovered, but I’m sure we all know someone who has succumbed…
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…
July Legislative Update 2020
There has been a lot of legislation released recently, so it would appear that lockdown suits our regulators. Let’s hope they get back to the office soon and give us a bit of a break!
So, let’s not waste any more time…