{"id":7,"asset_id":"90","title":"Credit Provider Compliance","alias":"compliance","introtext":"<h5>Mandate of the Credit Provider Compliance Department<\/h5>\r\n<p>The Compliance Department is responsible to monitor credit providers and the credit industry to detect and prevent non-compliance with the National Credit Act.<\/p>\r\n<p>The compliance monitoring is conducted through the following measures:<\/p>\r\n<ol>\r\n<li>Desktop monitoring;<\/li>\r\n<li>Onsite monitoring;<\/li>\r\n<li>Submission of statutory reports;<\/li>\r\n<li>Monitoring of Conditions of registration;<\/li>\r\n<li>Market Conduct Studies;<\/li>\r\n<li>Compliance workshops.<\/li>\r\n<\/ol>\r\n<p>The Compliance Department is a division of the National Credit Regulator (NCR) and is responsible for ensuring that the registered credit providers comply with the National Credit Act no. 34 of 2005 (the Act). Section 15 of the Act states that the NCR may monitor the consumer credit market and industry to ensure that prohibited conduct is prevented or detected and prosecuted. The mandate of the department is to monitor compliance by the registrants specifically credit providers and assisting them to comply.<\/p>\r\n<h4>Relevant Sections<\/h4>\r\n<ul>\r\n<li><a href=\"documents\/pages\/registration&amp;compliance\/compliance&amp;reports\/relevant_sections\/section63.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Language Policy<\/a><\/li>\r\n<li><a href=\"documents\/pages\/registration&amp;compliance\/compliance&amp;reports\/relevant_sections\/section15.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Market Conduct<\/a><\/li>\r\n<li><a href=\"documents\/pages\/registration&amp;compliance\/Compliance_report62-68.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Credit Provider Compliance Reports<\/a><\/li>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/Regulations 62.pdf\" target=\"_blank\" rel=\"Statutory Reporting noopener noreferrer\">Statutory Reporting<\/a><\/li>\r\n<\/ul>\r\n<h4>Compliance Report (Credit Provider)<\/h4>\r\n<ol>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/Copy%20of Form 39 .xls\" target=\"_blank\" rel=\"noopener noreferrer\">Statistical Returns (Form 39)<\/a><\/li>\r\n<li>Compliance Report<br \/>\r\n<ul>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/COMPLIANCE REPORT.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Compliance Report (.pdf)<\/a>\u00a0<\/li>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/COMPLIANCE REPORT.doc\" target=\"_blank\" rel=\"noopener noreferrer\">Compliance Report (.doc)<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/Annual_Financial_Statements.pdf\">Annual Financial Statements<\/a><\/li>\r\n<li>Annual Financial and Operational Return\r\n<ul>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/Form 40.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Annual Financial and Operational Return (.pdf)<\/a><\/li>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/Form%2040.xls\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"line-height: 15.8079996109009px;\">A<\/span><span style=\"line-height: 15.8079996109009px;\">nnual Financial and Operational Return (.xls)<\/span><\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li>Assurance Engagement Reports Audited\r\n<ul>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/assurance\/Assurance Engagement Illustrative Report as per guide Sep 2007.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Assurance Engagement Illustrative Report<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li>Assurance Engagement Reports Unaudited\r\n<ul>\r\n<li><a href=\"documents\/pages\/compliance&amp;reports_cp\/Assurance Engagement Reports - Unaudited\/ASSURANCE ENGAGEMENT REPORT FOR UNAUDITED CREDIT PROVIDERS.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Assurance Engagement Reports - Unaudited<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li><a href=\"documents\/pages\/Guidelines LPP.doc\" target=\"_blank\" rel=\"noopener noreferrer\">First year review<\/a><\/li>\r\n<li><a href=\"documents\/pages\/Guidelines LPP.doc\" target=\"_blank\" rel=\"noopener noreferrer\">Second year review<\/a><\/li>\r\n<\/ol>","fulltext":"","state":1,"catid":"10","created":"2019-03-14 15:14:48","created_by":"915","created_by_alias":"","modified":"2020-09-23 14:44:28","modified_by":"915","checked_out":"915","checked_out_time":"2020-09-23 14:44:08","publish_up":"2019-03-14 15:14:48","publish_down":"0000-00-00 00:00:00","images":"{\"image_intro\":\"\",\"float_intro\":\"\",\"image_intro_alt\":\"\",\"image_intro_caption\":\"\",\"image_fulltext\":\"\",\"float_fulltext\":\"\",\"image_fulltext_alt\":\"\",\"image_fulltext_caption\":\"\"}","urls":"{\"urla\":false,\"urlatext\":\"\",\"targeta\":\"\",\"urlb\":false,\"urlbtext\":\"\",\"targetb\":\"\",\"urlc\":false,\"urlctext\":\"\",\"targetc\":\"\"}","attribs":"{\"article_layout\":\"\",\"show_title\":\"\",\"link_titles\":\"\",\"show_tags\":\"\",\"show_intro\":\"\",\"info_block_position\":\"\",\"info_block_show_title\":\"\",\"show_category\":\"\",\"link_category\":\"\",\"show_parent_category\":\"\",\"link_parent_category\":\"\",\"show_associations\":\"\",\"show_author\":\"\",\"link_author\":\"\",\"show_create_date\":\"\",\"show_modify_date\":\"\",\"show_publish_date\":\"\",\"show_item_navigation\":\"\",\"show_icons\":\"\",\"show_print_icon\":\"\",\"show_email_icon\":\"\",\"show_vote\":\"\",\"show_hits\":\"\",\"show_noauth\":\"\",\"urls_position\":\"\",\"alternative_readmore\":\"\",\"article_page_title\":\"\",\"show_publishing_options\":\"\",\"show_article_options\":\"\",\"show_urls_images_backend\":\"\",\"show_urls_images_frontend\":\"\"}","version":14,"ordering":"1","metakey":"","metadesc":"","access":"1","hits":"126","metadata":"{\"robots\":\"\",\"author\":\"\",\"rights\":\"\",\"xreference\":\"\"}","featured":"0","language":"*","xreference":""}