ACM Risk Consultants (Pty) Ltd

When did you last carry out an audit on the financial policies and procedures in the dealership? Are their areas which potentially could cause you or your customers serios problems? Talk to ACM for peace of mind. https://bit.ly/4aypxrC #FICA #FinancialServicesIndustry #dealership #FAIS #FSCA

What were the best selling bakkies in South Africa in September? https://bit.ly/3ZUzvBw #carlifestyle #drive #vehicles #autosales

Congratulations to the FAIS Ombud! The Office of the FAIS Ombud announced that they have received a clean audit report for the 2023/2024 financial year. #FinancialServicesIndustry #motordealers #FAIS #FAISOmbud

R2.3 million fine for tailgating? A Swiss motorist found himself in hot water for tailgating. He was fined 108 500 Swiss francs as fines in Switzerland are based on the offender’s income. This raises and interesting question. Should fines in South Africa be based on income? What do you think? Let us know in the comments. https://bit.ly/3TqpeZQ #automotive #carlifestyle #cars #drive

As a motor dealer, understanding FICA and other financial regulation compliance is critical to your business. Read “FICA Compliance Assessment For Motor Vehicle Dealers” at: https://bit.ly/3XB8cLc Contact ACM for more information and assistance with motor industry financial compliance. https://bit.ly/4aypxrC #FICA #FinancialServicesIndustry #motordealers #financialcompliance

In an increasingly complex world, disputes between consumers and financial service providers are inevitable. The FAIS Ombud, Office of the Pension Funds Adjudicator (OPFA) and the National Financial Ombud Scheme (NFO) emphasize the crucial role of fair and effective dispute resolution services offered free of charge to all consumers by the Ombud Schemes. The first prize of course is not to fall foul of the regulations and this is where ACM can assist. Contact us: https://bit.ly/4aypxrC #FinancialServicesIndustry #FAIS #FAISombud #FSCA #treatcustomersfairly

We’re keeping our fingers crossed! EARLY signs suggest BIG petrol, diesel price cut in October 2024 https://bit.ly/4e7Rbxw

What is regulatory compliance in South Africa? Business compliance in South Africa refers to the adherence to the laws and regulations that govern businesses in the country. Compliance helps companies avoid legal and financial penalties, safeguard their reputation, and build trust with stakeholders. #FICA #FinancialServicesIndustry #FAIS #FSCA

In the event of an accident, will you still receive a pay-out on your insurance? Let’s just say it depends. Read about this particular case here: “Speeding and car insurance – How this driver won the fight for a pay-out”. https://bit.ly/4gp64h4 #motorindustry #motorinsurance #cars #treatcustomersfairly

A non-compliant key individual could result in the FSCA suspending the FSP’s licence. This affects all the representatives and administration staff of the FSP, as no new business can be submitted. Product providers will not pay commissions which can cause cash flow problems. Another key individual can be appointed, but this can take time. The consequences for a Sole Proprietor FSP are profoundly severe as it cannot appoint another Key Individual and non-compliance can only result in suspension of the license by the FSCA. Ensure that your Key Individual is up to date with the requirements. Give us a call. https://bit.ly/4aypxrC