Regulatory Alerts2022-11-25
Breakdown of Industry Comments for Chapter 7 – Medical Aid Funds (FIMA 2021)
The regulator issued this breakdown of industry comments to update compliance and operational requirements for Chapter 7 on Medical Aid Funds under the FIMA 2021 framework. The document consolidates stakeholder feedback to clarify reporting timelines, governance standards, and financial provisioning obligations for registered schemes. It mandates updated implementation guidelines that funds must adopt to ensure regulatory alignment, financial stability, and transparent member service delivery.
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