The Financial Markets Act (Act no. 19 of 2012) provides for regulation of the financial markets in South Africa. The course provides a brief introduction to the Act and thereafter consider the requirements and responsibilities imposed on the role-players regulated in terms of the Act. The course concludes by considering the stipulations to prevent market abuse and insider trading.
Fraud can be prevalent in the workplace and business; employees need to be well trained and vigilant to prevent fraudulent offences from occurring.
After studying the topic, the learner should be able to:
The process of making certain changes to the General Code of Conduct has now come to an end with the final amendments published on 26 June 2020. Some of the provisions come into effect immediately while other provisions only start 6 or 12 months from date of publication (i.e. 26 December 2020 or 26 June 2021).
The course considers the amendments and considers the Code of Conduct in it entirety with the amendments in place.
By the end of this course you will be able to:
After studying the topic, the learner should be able to
· Give an overview of short-term insurance
· Explain the purpose of the Short-Term Insurance Act (53 of 1998) and related concepts
· Explain the basic requirements of the Short-Term Insurance Act that apply to insurers
· Explain how the Short-Term Insurance Act controls intermediaries
· Explain how the Short-Term Insurance Act regulates Short-term insurance policies and protects individual policy holders
The course considers the policy holder protection rules (2017) issued in terms of the Long-term Insurance Act as amended by Government notice 997 of 28 September 2018.
The new rules also provide for micro insurance product standards to support the microinsurance regulatory framework as established by the Insurance Act 18 of 2017.
The course considers the policy holder protection rules (2017) issued in terms of the Short-term Insurance Act as amended by Government notice 996 of 28 September 2018. The new rules also provide for micro insurance product standards to support the microinsurance regulatory framework as established by the Insurance Act 18 of 2017.
AT the end of the course, learners will understand the following:
LEARNING OUTCOMES After studying the topic, the learner should be able to
Understand the obligation of the FSP to debar a representative or key individual.
· Understand the meaning of debarment.
· Understand in which time frame debarment must be affected by the FSP.
· Outline the process that must be followed by an FSP when debarring a representative.
· Describe debarment by Financial Sector Conduct Authority (FSCA).
· Describe what needs to be done when a person cannot be located.
Time management training most often begins with setting goals. These goals are recorded and may be broken down into a project, an action plan, or a simple task list. Activities are then rated based on urgency and importance, priorities assigned, and deadlines set. This process results in a plan with a task list or calendar of activities. Routine and recurring tasks are often given less focus to free time to work on tasks that contribute to important goals.
This course is an introduction to Cryptocurrency (or Crypto Currency) as an investment class. It will address the nature, fees and general risks associated with such investments, with a specific focus on identifying appropriate clients, or group of clients, to this alternative intangible investment class.
Purpose of the National Credit Act
The Act has three main purposes, in terms of section 3; to promote and advance social and economic welfare of South Africans; to promote a fair, transparent, competitive, sustainable, responsible, efficient, effective and accessible credit market and industry, and to protect consumer.