Primary Focus Legislation

Compli-Serve is a licensed compliance provider and works with legislation overseen by the Financial Services Board. We are able to give you detailed compliance assistance with the primary financial markets conduct legislation as listed below. If you have requirements for specific knowledge with other non FSB related legislation such as Human Resource or Health and Safety this can either be provided through our legal services company or via approved external legal resources .

Please be aware that any such work undertaken is charged as legal consulting on a time and material basis. In addition to the above our online compliance portal ( The Knowledge Service ) is able to provide up to date news and information on a wide range of other financial services related legislation that may be applicable to your business.

1. Financial Advisory and Intermediary Services Act 37of 2002
   
   To regulate the rendering of certain financial advisory and intermediary services to clients; to repeal or amend certain laws; and to provide for matters incidental thereto.

2. The Financial Intelligence Centre Act 38 of 2001
   
   To establish a Financial Intelligence Centre and a Money Laundering Advisory Council in order to combat money laundering activities and the financing of terrorist and related activities; to impose certain duties on institutions and other persons who might be used for money laundering purposes and the financing of terrorist and related activities; to amend the Prevention of Organised Crime Act, 1998, and the Promotion of Access to Information Act, 2000; and to provide for matters connected therewith.

3. The Prevention of Organized Crime Act 121 of 1998
   
   To introduce measures to combat organized crime, money laundering and criminal gang activities; to prohibit certain activities relating to racketeering activities; to provide for the prohibition of money laundering and for an obligation to report certain information; to criminalise certain activities associated with gangs; to provide for the recovery of the proceeds of unlawful activity; for the civil forfeiture of criminal assets that have been used to commit an offence of assets that are the proceeds of unlawful activity; to provide for the establishment of a Criminal Assets Recovery Account; to amend the Drugs and Drug Trafficking Act, 1992; to amend the International Co-operation in Criminal Matters Act, 1996; to repeal the Proceeds of Crime Act, 1996; to incorporate the provisions contained in the Proceeds of Crime Act, 1996; and to provide for matters connected therewith.

4. Protection of Constitutional Democracy against Terrorist & Related Activities Act 33 of 2004 (POCDATARA)
   
   To provide for measures to prevent and combat terrorist and related activities; to provide for an offence of terrorism and other offenses associated or connected with terrorist activities; to provide for Convention offences; to give effect to international instruments dealing with terrorist and related activities; to provide for a mechanism to comply with United Nations Security Council Resolutions, which are binding on member States, in respect of terrorist and related activities; to provide for measures to prevent and combat the financing of terrorist and related activities; to provide for investigative measures in respect of terrorist and related activities; and to provide for matters connected therewith.

5. Collective Investments Schemes Act 45 of 2002
   
   To regulate and control the establishment and administration of collective investment schemes; to amend or repeal certain laws; and to provide for incidental matters.

6. Long Term Insurance Act 52 of 1998
   
   To provide for the registration of long-term insurers; for the control of certain activities of long-term insurers and intermediaries; and of matters connected therewith.

7. Short Term Insurance Act 53 of 1998
   
   To provide for the registration of short-term insurers; for the control of certain activities of short-term insurers and intermediaries; and for matters connected therewith.

8. Medical Schemes Act 131 of 1998
   
   To consolidate the laws relating to registered medical schemes; to provide for the establishment of the Council for Medical Schemes as a juristic person; to provide for the appointment of the Registrar of Medical Schemes; to make provision for the registration and control of certain activities of medical schemes; to protect the interests of members of medical schemes; to provide for measures for the co-ordination of medical schemes; and to provide for incidental matters.