http://www.compliancesa.com/ Latest news from the Compliance Institute of SA en-za methven@compliancesa.com info@webmechanix.co.za Compliance Institute of SA http://www.compliancesa.com/ http://www.compliancesa.com/images/new_logo_rss.gif 200 63 Wed, 22 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=785 Wed, 22 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=786 FSB INITIATES REGULATORY ACTION AGAINST OLD MUTUAL The Registrar of Longterm Insurance has initiated regulatory action against Old Mutual Life Assurance Company of South Africa (“Old Mutual”) for noncompliance with Directive 159.A.i (LT & ST).The Directive sets out the requirements that insu...]]> Wed, 22 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=787 Wed, 22 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=789 CIPC no longer required to approve company actions and documentation A key feature of the new Companies Act, 2008 (the Act) is that it clearly emphasises the responsibility and accountability of directors. Recent international and local jurisprudence also underline the demanding standard of ...]]> Wed, 22 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=788 Introduction Anticorruption clauses in supply agreements, other distribution agreements or joint venture agreements are becoming increasingly common in Germany. The objective of the companies using such clauses is to protect against corrupt behaviour of business partners and ensuing risks of...]]> Mon, 20 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=783 Mon, 20 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=784 Tue, 14 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=782 Ombudsman for Longterm Insurance receives record number of complaints in 2012 The Office of the Ombudsman for Longterm Insurance received 9 592 complaints against longterm insurance companies in 2012, the highest ever and 4% more than in 2011, according to its latest annual report. “Consume...]]> Mon, 13 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=781 Mon, 13 May 2013 0:0:0 +0200 http://www.compliancesa.com/news_det.asp?ID=778 How South Africa is “delivering on Africa’s Promise” in the financial services sector The 23rd World Economic Forum (WEF) on Africa, currently underway in Cape Town, calls for Africa to live up to its true potential. Under the theme “Delivering on Africa’s Promise” the gathering provides an ...]]>