asset allocation more efficiently. This would support the development of investment types or strategies that are more versatile in response to investor demands while maintaining preventive measures on

Code of Governance for South Africa.  10. International Federation of Accountants, 2011. Competent and Versatile. How Professional Accountants in Business Drive Sustainable Organisational Success.  11

acts as the oversight body, is overseen by an independent body. Such an auditor oversight body must operate in the public interest, and have an appropriate membership, an adequate charter of

overseen by experts, all aimed at creating an illusion of trustworthiness. In addition, the SEC continues to prevent investment scams in various manners, as follows:           (1) Posting on the

DODD-FRANK ACT • Financial crisis revealed behemoth players in financial industry were not overseen by any regulatory authority • Dodd-Frank mandated additional SEC oversight on PE and HF firms JUNE 22

or insurance business. This collects assets and manages them on behalf of beneficiaries or clients; its obligation is to preserve and enhance value on their behalf. It is usually overseen by some form

with the Company’s policies and strategies on restructuring its business to become versatile after the discontinuation of the Manufacturing Business of accessories and faucet products. After the disposal

and consistent with the Company’s policies and strategies on restructuring its business to become versatile after the discontinuation of the Manufacturing Business of accessories and faucet products

insurance are combined, at least under a common holding company. There is little guidance on how such financial conglomerates should be overseen or regulated beyond general requirements to separate certain

of Technology, an MBA and a Doctorate in Business Administration from Harvard University. With versatile experience in the financial market, he held key positions in various public and private