Compliance

The Financial Services Board regulates the SA financial services industry and it requires that we disclose certain information to you.

Our Regulators & Authorisation

Intasure and all of its subsidiary companies are licensed as Financial Services Providers in terms of Section 8 of the Financial Advisory and Intermediary Services Act, 2002 "FAIS", and authorised and regulated by the Financial Services Board.

Licence numbers are as follows:

• Intasure (Pty) Ltd: FSP Licence no. 13995
• Intasure Life (Pty) Ltd: FSP Licence no. 14958
• Intasure Employee Benefits (Pty) Ltd: FSP Licence no. 14230

Intasure (Pty) Ltd is authorised to render advice and recommend financial products in respect of the financial product types, as listed below:

• Short Term Insurance - Domestic
• Short Term Insurance – Commercial

Our Compliance Undertaking

Intasure (Pty) Ltd has appointed Compli-Serve (SA) (Pty) Ltd as its independent external compliance officer. Compli-Serve is a nationally represented independent provider of regulatory compliance management services and solutions to the financial services sector. Compli-Serve draws on international experience in developing services tailored for the domestic market. Their services are designed to meet the best practice compliance needs of today's financial services professionals, who operate in an ever more regulated environment. (Compli-Serve can be contacted on 0861 273 783/CSERVE.)

What the FAIS Act Does:

The FAIS Act regulates financial service providers and the representatives of financial service providers selling a wide range of financial products.  The FAIS Act for the first time gives you, the client, protection against poor advice.

In terms of the Act, anyone or any institution selling a financial product or giving you financial advice for a fee or commission must, in dealing with you, meet certain minimum requirements; behave honourably, professionally and with due diligence; provide you with appropriate advice; and are subject to disciplinary procedures if they do not adhere to the FAIS Act.

Know Your Adviser

Before you do any business with us, we will provide you with essential information about ourselves. This information includes:

• Full business and trade names
• Licence registration number
• All contact details - postal and physical addresses, telephone and cellphone numbers, and internet and email addresses
• Names and details of other people or branch offices to contact, if you require further information
• Concise details of our legal and contractual status, including details about what financial services we are permitted to provide and which company or companies we represent