BY THE FINANCIAL SERVICES BOARD TO PCOF 26 SEPTEMBER 2001
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BY THE BY THE FINANCIAL SERVICES BOARD FINANCIAL SERVICES BOARD TO TO PCOF PCOF 26 SEPTEMBER 2001 26 SEPTEMBER 2001 PRESENTATION PRESENTATION
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PRESENTATION. BY THE FINANCIAL SERVICES BOARD TO PCOF 26 SEPTEMBER 2001. INTRODUCTION. JEFF VAN ROOYENEXECUTIVE OFFICER ROB BARROWDEPUTY EXECUTIVE OFFICER FINANCIAL MARKETS ANDRE SWANEPOELDEPUTY EEXECUTIVE OFFICER INSURANCE AND PENSIONS - PowerPoint PPT Presentation
Transcript of BY THE FINANCIAL SERVICES BOARD TO PCOF 26 SEPTEMBER 2001
BY THEBY THEFINANCIAL SERVICES BOARD FINANCIAL SERVICES BOARD
TOTOPCOF PCOF
26 SEPTEMBER 200126 SEPTEMBER 2001
PRESENTATIONPRESENTATION
INTRODUCTIONINTRODUCTION
JEFF VAN ROOYENJEFF VAN ROOYEN EXECUTIVE OFFICEREXECUTIVE OFFICERROB BARROWROB BARROW DEPUTY EXECUTIVE OFFICER DEPUTY EXECUTIVE OFFICER
FINANCIAL MARKETSFINANCIAL MARKETSANDRE SWANEPOELANDRE SWANEPOEL DEPUTY EEXECUTIVE DEPUTY EEXECUTIVE
OFFICER OFFICER INSURANCE AND PENSIONSINSURANCE AND PENSIONS
DUBE TSHIDIDUBE TSHIDI HEAD: PENSIONSHEAD: PENSIONSSAMMY MOHLAOLISAMMY MOHLAOLI HEAD: CONSUMER HEAD: CONSUMER
EDUCATION EDUCATION
NON BANKING FINANCIAL SERVICES REGULATORY ARCHITECTURENON BANKING FINANCIAL SERVICES REGULATORY ARCHITECTURE
INTERMEDIARIESINSURANCE AND
PENSIONSMARKETS COLLECTIVE
INVESTMENT
SCHEMES
FUNCTION/
ACTIVITY
NONEINSURANCE ACTS
PENSION FUNDS
FRIENDLY SOCIETIES
STOCK EXCHANGE CONTROL
FINANCIAL MARKETS CONTROL
SAFE CUSTODY AND ADMINISTRATION OF
SECURITIES
INSIDER TRADING
UNIT TRUST CONTROL
PARTICIPATION BONDS
PRESENT
ACTS
FINANCIAL ADVISORY FINANCIAL ADVISORY AND INTERMEDIARY AND INTERMEDIARY
SERVICES BILLSERVICES BILL
FINANCIAL SERVICES FINANCIAL SERVICES OMBUDS SCHEMES OMBUDS SCHEMES
BILLBILL
INSURANCE ACTS INSURANCE ACTS REWRITTEN 1998 REWRITTEN 1998
PENSION FUND AND PENSION FUND AND FRIENDLY SOCIETY FRIENDLY SOCIETY
BILLSBILLS
SECURITY SECURITY SERVICES SERVICES
BILLBILL
COLLECTIVECOLLECTIVE
INVESTMENTINVESTMENT
SCHEMES SCHEMES CONTROL BILLCONTROL BILL
FUTURE FUTURE ACTSACTS
NATURE OF ACT
FUNCTIONAL MARKET
CONDUCT
FUNCTIONAL INTEGRITY OF
MARKETS
FUNCTIONAL MARKET
CONDUCT
PRUDENTIAL
EMPLOYMENTEMPLOYMENTEQUITYEQUITY
COMPOSITION OF THE FSB AS AT 20 JULY 2001
GRADE LEVEL A B C D E TOTALM F M F M F M F M F M
F
BLACK - - 1 - 8 4 17 19 10 13 36 36
WHITE 4 - 13 2 18 19 3 16 - 12 38 49
ASIAN - - - - 1 - 1 2 - 1 2 3
COLOURED 1 - 1 - 1 1 1 1 - 2 4 4
DISABLED - - - - - 1 - - - - - 1
TOTAL 5 15 2 28 25 22 38 10 28 80 93
TOTAL 173
RESERVESRESERVESAT 31 MARCH 2001AT 31 MARCH 2001
20012001 2000 2000
R R R R
CONTINGENCY 9 500 000 9 CONTINGENCY 9 500 000 9 000 000000 000
DISCRETIONARY 5 877 630 1 DISCRETIONARY 5 877 630 1 750 369750 369
TOTAL RESERVES 15 377 630 10 TOTAL RESERVES 15 377 630 10 750 369750 369
ANALYSIS OF ACCUMULATED FUNDSANALYSIS OF ACCUMULATED FUNDS BY LEVY PAYING INDUSTRY GROUP BY LEVY PAYING INDUSTRY GROUP FOR THE YEAR ENDING 31 MARCH 2001 FOR THE YEAR ENDING 31 MARCH 2001
INDUSTRYINDUSTRY ACCUMULATED ACCUMULATED ACCUMULATEDACCUMULATED
FUNDSFUNDS FUNDS FUNDS
31/03/200131/03/2001 31/03/2000 31/03/2000
InsurancesInsurances 5 106 342 5 106 342 4 511 388 4 511 388Retirement Funds and Retirement Funds and Friendly societies 4 151 759Friendly societies 4 151 759 4 575 4 575
013013Financial markets 1 815 155Financial markets 1 815 155 610 656 610 656 Units trust andUnits trust andparticipation bondsparticipation bonds 3 225 800 1 586 3 225 800 1 586
511511Insider trading 22 175 Insider trading 22 175
378 562 378 562 14 321 231 14 321 231
11 662 130 11 662 130
