The draft PCC12A is an update to the existing Public Compliance
Communication 12. The draft PCC 12A provides guidance and clarity
on what compliance activities can be outsourced by an accountable
institution to third parties.
Comments on the draft PCC 12A should be submitted to SAIS by 31 July 2020,
in the following format, to enable us to send a consolidated market
response to National Treasury by the 05 August 2020.
- SAIS CPD
CPD Cycle changes due to the COVID-19 pandemic
The SAIS 2019/2020 CPD cycle has been extended to 31 August 2020. The
2020/2021 CPD cycle will run from 1 September 2020 to 31 May 2021
and CPD hours will be calculated on 9 months instead of 12. The
30 hour CPD requirement will be pro-rated for the 2020/21 CPD
year only, resulting in a total CPD hour requirement of 22 hours
for the 2020/21 CPD year. This means that any CPD hours
logged as completed between 1 June and 31 August 2020 will be
allocated to the 2019/2020 CPD cycle.
SAIS CPD Offering
We recently launched the FICA CPD course through the SAIS
learning platform. This course is worth 2 CPD hours.