Horizon Compliance
  • Home
  • About
  • Software
    • Training
    • FICA Software
  • Store
  • Client Portal
  • Blog
  • Contact

Compliance 

and other interesting stuff

No extension on POPI due 1 July 2021

3/23/2021

 
Picture
The Information Regulator recently announced that there will be no extension given to the current POPI grace period, which means that the due date will remain unchanged and all organisations in South Africa should comply with the Protection of Personal Information Act (POPIA) by the 1st of July 2021. The same due date counts for complying with the Promotion of Access to Information Act (PAIA).

Advocate Pansy Tlakula, chairperson of the Information Regulator also added to the above announcement that severe penalties will be given to business’s not complying with POPIA within the given timeframe (whether it is intentional or accidental). Penalties can include fines up to R10 million and a jail sentence of up to 10 years. It is therefore extremely important that ALL businesses implement the required POPI policies and procedures as soon as possible.
​
The POPIA is introduced to ensure business’s conduct themselves in a responsible manner when collecting, processing, storing, and sharing another entity’s personal information, by holding them accountable should they abuse or compromise personal information in any way.

The regulator can grant exemptions for certain circumstances and relevant functions within business’s if it is satisfied that the public interest outweighs the interference with the privacy of the data subject.

    by: Horizon Compliance team

    Compliance Experts

    Archives

    October 2023
    September 2023
    August 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    September 2021
    July 2021
    June 2021
    May 2021
    March 2021
    February 2021
    October 2020
    August 2020
    July 2020
    June 2020
    April 2020
    March 2020
    January 2020
    November 2019
    August 2019
    July 2019
    May 2019
    March 2019
    February 2019
    November 2018
    October 2018
    August 2018
    June 2018
    April 2018
    February 2018
    January 2018
    November 2017
    September 2017
    August 2017
    July 2017
    June 2017

    Categories

    All
    Accountable Institutions
    AML
    CBR
    Code Of Conduct
    COFI
    Coronavirus
    COVID 19
    COVID-19
    Crypto
    FAIS
    FICA
    Financial
    Fintech
    FSB
    FSCA
    FSTC
    Key Individual
    Operational Ability
    PAIA
    POPI
    Property Syndication
    Regtech
    Regulators
    THRESHOLDS
    Training

    RSS Feed

Picture
Picture
Copyright © Horizon Compliance (Pty) Ltd

See our Privacy Statement here and our PAIA Manual Policy here. The material and information contained on this website is for general information purposes only. You should not rely upon the material or information on the website as a basis for making any business, legal or any other decisions. Whilst we endeavour to keep the information up to date and correct, Horizon makes no representations or warranties of any kind, express or implied about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services or related graphics contained on the website for any purpose. Any reliance you place on such material is therefore strictly at your own risk. Horizon will not be liable for any false, inaccurate, inappropriate or incomplete information presented on the website.

Photos from wuestenigel, 1DayReview
  • Home
  • About
  • Software
    • Training
    • FICA Software
  • Store
  • Client Portal
  • Blog
  • Contact