Chair: Roland Greaver
Deputy Chair: Llewellyn Smith 
ASISA point person: Johann van Tonder

This committee focusses on technical and operational processes, procedures and controls to ensure an effective and efficient market infrastructure for the financial services industry. The objective is to manage and minimise operational, residual and systemic risk through standardisation and the implementation of appropriate market rules and controls.

Key Focus Areas

• Accounting and Valuation of and Reporting on Investments.
• Premium Collections through payment systems and payroll deductions.
• Cybersecurity and resilience through Collaboration, Information Sharing and Standards.
• Forensics and fraud prevention through Collaboration and Information Sharing.
• Operational resilience in crisis scenarios that could impact the financial services industry.

STANDING COMMITTEES AND WORKING GROUPS: 

• ASISA - CSIRT
• CIS Operations
• Forensic
• Investment Operations
• Payment Processes
• Reporting
• Working Groups

ASISA - CSIRT STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee focusses on:

• Collaborate with industry participants and authorities in combating cybercrime and improving cyber security,
• Engage with the Regulators and industry participants on issues and legislation relating to cyber security,
• Contribute towards the improvement of skills in SA to combat cybercrime and improve cyber security standards.

CIS OPERATIONS STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee deals with operational matters in the CIS industry to facilitate effective and efficient processes and infrastructure. This committee also establishes industry standards and guidelines related to fund accounting, financial reporting, legislation and regulation.

FORENSIC STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee focusses on the detection, prevention and investigation of fraud and financial crime in the savings, insurance and investment industry. Collaboration with authorities and industry participants in combating financial crimes in the financial services industry.

INVESTMENT OPERATIONS STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee considers and influences the development and implementation of investment industry processes to facilitate an effective and efficient standardised market infrastructure utilising both technology and operational processes.

PAYMENT PROCESSES STANDING COMMITTEE 

ASISA point person: Johann van Tonder.

This committee considers and influences the development and implementation of effective and efficient standardised payment processes to safeguard industry participants and consumers. This includes the initiation of payment mandates, debit order collections, payroll collections, and payment rules.

REPORTING STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee focusses on regulatory and industry reporting to enable standardisation of content and formats of reports to clients, regulators, administrators and investment consultants.

WORKING GROUPS

• Reg 28 QTLY Reporting Working Group
• AI Policy Framework Working Group
• Alternative Connectivity Working Group
• Cybersecurity Bill Working Group
• Deceased Estate Fraud Working Group
• Murder for Money Working Group
• Social Media Scams Working Group
• ZARONIA Working Group

ASISA Nominations Procedure