Richard Rattue Archives

22 Feb 2022

Developments in UK crypto space could provide clues into SA’s crypto regulation plans

By Staff Writer

The proposals from the FCA consider ‘qualifying crypto-assets’ to be classified as high-risk and treated in the same way as peer-to-peer loans and non-readily realisable securities.

22 Jun 2021

Compli-Serve SA secures compliance for Garrun Group

By Staff Writer

Compli-Serve SA is pleased to announce its appointment as external compliance officer to Garrun Group, a collective of authorised financial services providers in the South African short-term insurance industry. Compli-Serve Gauteng Director, Elzabe Botha has been appointed as manager on the Garrun account.

11 Jun 2021

Do we really need all this data?

By Staff Writer

Data is arguably the most valuable asset in the world, and as more and more of it is gathered, stored and shared, it’s a dynamic force that is forever shaping how the world works. The advent of POPIA from 1 July 2021 seeks to constrain free rein over data and will make us all look at how we collect information from subjects and to question what is necessary to gather.

03 Feb 2021

Choosing crypto-assets you can trust

By Staff Writer

There is much to reflect on regarding the recent Mirror Trading International (MTI) scam, which managed to attract investments of around 17 000 Bitcoin (almost R8.8bn at the time of writing), then magically disappeared through what appears to be a multi-level marketing scheme. Investment scams like these don’t yet fall under any specific regulation as crypto-assets remain largely ungoverned.

08 Apr 2020

Shifting the status quo

By Janice Roberts

If Covid-19 has taught us anything, it’s that we need to be prepared, even for the unthinkable. As technology further shapes financial services (some may say how it currently stands was unthinkable some years ago), it’s one area where we can prepare, while adapting to managing risks before they happen.

05 Feb 2020

Ethics drive trust more than competence

By Janice Roberts

Ethics is considered three times more important to company trust than competence, according to the 2020 Edelman Trust Barometer. Launched at the recent World Economic Forum in Davos, the annual survey, which tracks trust and credibility across 28 global markets is now in its 20th year. Respondents are asked to assess business, NGOs, government and...

26 Nov 2019

What’s up with Suptech?

By Janice Roberts

By Richard Rattue, MD, Compli-Serve SA. Shaking up data collection and analysis as we’ve not yet seen in financial services, ‘Suptech’ is not just another buzzword. This term refers to Supervisory Technology and more specifically, artificial intelligence that can seamlessly sort through data to spot any smoke before fires breakout.

20 Nov 2019

Partnership promotes B-BBEE compliance

By Janice Roberts

Financial services regulatory compliance firm, Compli-Serve SA is pleased to announce that it has concluded an agreement with Mazars Consulting Services “Mazars”, whereby Compli-Serve will refer clients who require broad-based black economic empowerment (B-BBEE) verification or consulting services.

08 Apr 2019

A risky business – global trends point towards future cyber compliance

By Janice Roberts

By Richard Rattue, Managing Director, Compli-Serve SA. Technology continues to grow globally, extending ever deeper into financial services. Of course, along with increased technology, comes increased cyber risk. Businesses, however, may not realise the complexity of the IT risks they face, while furiously fast-tracking new business processes without fully understanding the risks that new technology itself...

27 Feb 2019

Compli-Serve SA welcomes new Compliance Officer

By Janice Roberts

Compli-Serve SA is pleased to welcome Compliance Officer, Nadia Verappen, to its Cape Town team. Nadia has risk management experience within financial services, as well as local and international regulatory expertise.

26 Feb 2019

Financial Services comes last in trust in latest global barometer

By Janice Roberts

The financial services industry was once again the least trusted sector in the annual Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media for the last 19 years. The report is published by Edelman Intelligence, a global insight and analytics consultancy.

27 Sep 2018

Financial services the least trusted sector globally, says report

By Janice Roberts

The financial services industry was once again the least trusted sector in the annual global Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media for the last 18 years.