n Enterprise Risk - ASISA : life industry phases out S Reference system : association pages

Volume 3, Issue 5
  • ISSN : 1993-8217


Peter Dempsey, deputy CEO of the Association for Savings and Investment South Africa (ASISA), says the promulgation of the Financial Services Laws General Amendment Act of 2008 at the end of September last year finally handed the Financial Services Board (FSB) the long awaited powers needed to debar intermediaries who cannot be debarred by financial services providers (referred to as S Reference ruling by the long-term industry), because they are either working independently or because they terminated their contracts before debarment could be effected.

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error