-
South Africa’s regulatory environment necessitates that each business unit continuously re-evaluates how they do business as well as how those with whom they do business, do business, and in particular how they approach risk and the management thereof. A FSP must satisfy the “Fit and Proper” requirements: Honesty and Integrity... -
Assent Legal offers a number of bespoke legal services for both companies and individuals. Dispute Resolution It can be expected that within a regulated financial services industry, complaints will be lodged from clients against FSP’s with the FAIS Ombud. One of the most important issues arising within the compliance... -
Assent Legal offers training in various areas. Regulatory Examinations With extensive training experience and qualifications combined with industry experience, your Facilitator will cover the study material and advise on study methods and exam techniques. A question and answer session will be held at the end of each training... -
Good governance is the foundation of prudent business management by a company. Strong governance arrangements provide effective oversight of the way in which a company operates its business and manages its risks. As part of prudent business management, a company should seek to establish a strong corporate culture of ethical...
Ethics is knowing the difference between what you have a right to do and what is right to do. – Potter Stewart, US Supreme Court Justice
Featured articles
Keep abreast of need-to-know information about changes to legislation, the compliance requirements and thought-leadership in the Financial Services industry.
Assent Legal
Assent Legal is a bespoke law firm that provides specialised services to the Financial Services industry and its clients. Such services include Corporate Governance frameworks, FAIS, FICA, LTIA and STIA Compliance, Risk Management, Training, Business Support services, Dispute Resolution and administration of Deceased Estates.
We are a registered compliance practice with the Financial Services Conduct Authority and mandated to provide outsourced compliance in terms of The Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS) as well as the Financial Intelligence Centre Act (FICA) for both Category I and Category II FSP’s.
Read MoreLatest News
November 8, 2019 |
Outsourcing by an insurer
Requirements regarding outsourcing by an insurer are comprehensively set out in the Prudential Standard GOI 5 and...
October 7, 2019 |
FSCA fines Steinhoff R1.5bn
The Financial Sector Conduct Authority (FSCA) has imposed an administrative penalty of R1.5 billion on Steinhoff...
August 28, 2019 |
Should retirement funds invest in SOEs?
Maladministration, poor governance and corruption have had a devastating effect on the country’s ailing...
July 22, 2019 |
Ensuring your succession plan
The FSCA requires Financial Services Providers to have in place a continuity plan that ensures your clients are...
July 10, 2019 |
The Prudential Authority’s 3-year regulatory requirements
Through the adoption of its regulatory strategy, the Prudential Authority’s (PA) will help market participants...
July 3, 2019 |
New laws affecting the financial landscape
A number of news laws have or will be coming into effect this year, all of which affect the financial industry...