Rule · FSCA · 31 Mar 2018
The Financial Services Board extends the deadline for pension funds to submit the final auditors’ release letter accompanying unsigned 2006 returns until 30 April 2008 to prevent late submission penalties. Fully signed and audited returns must still be filed by 30 June 2008 to comply with section 15 of the Act, with non-compliance triggering penalty invoices. This temporary extension accommodates the auditing profession's heavy caseload while ensuring regulatory compliance for funds, administrators, and underwriting insurers.
Rigel Park 446 Rigel Avenue South Erasmusrand Pretoria 0181 South Africa PO Box 35655 Menlo Park Pretoria 0102 South Africa Tel +27 12 428 8000 Fax +27 12 347 0221 E-mail info@fsb.co.za Toll free 0800 110443 Internet http://www.fsb.co.za
| ENQUIRIES: | W MOKUPO | D. DIALLING NO.: | +27 12 428 8032 |
|---|---|---|---|
| OUR REF: | 12/12/1 | FAX: | +27 12 347 8787 |
| DATE: | 31 March 2008 | E-MAIL: | wilman@fsb.co.za |
(To all funds, approved administrators, and insurers who underwrite pension funds)
In order to prevent penalties from being levied against funds for late submission of 2006 returns, this Office will accept the final auditors’ release letter to accompany the unsigned, audited returns until 30 April 2008.
Funds are required to submit the duly signed returns in order to fully comply with section 15 of the Act (as amended) by no later than 30 June 2008, failing which penalty invoices will be issued for non-compliance beyond this date.
This is done in order to assist the auditing profession to finalise their heavy caseload.
Yours sincerely
J.A. Boyd
DEPUTY EXECUTIVE OFFICER &
DEPUTY REGISTRAR OF PENSION FUNDS
Board Members Dr CDR Rustomjee (Chairperson) AM Sithole (Deputy Chairperson) BM Hawksworth Ms JV Mogadime Ms AMM Mokgabudi Ms LM Mojela Prof PJ Sutherland Ms HS Wilton Executive Officer RJG Barrow
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
More like this from FSCA
We email you every new FSCA publication the day it's published.
Source: Financial Sector Conduct Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated