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Industry Abbreviations & Acronyms
AA Affirmative Action
AAISA Association of African Insurance Supervisory Authorities
AFS Annual Financial Statements
AIO African Insurance Organisation
ASB Accounting Standards Board
ASSA Actuarial Society of South Africa
BATSETA Council of Retirement Funds for South Africa
BBBEE Broad-Based Black Economic Empowerment
BEE Black Economic Empowerment
BESA Bond Exchange of South Africa
CCI Consumer Credit Insurance
CCP Central Counterparty
CED Consumer Education Department
CIS Collective Investment Schemes
CISCA Collective Investment Schemes Control Act
CISNA Committee of Insurance, Securities and Non-banking Financial Authorities
CPD Corporation for Public Deposits
CPR Comprehensive Parallel Run
CRA Credit Rating Agency
CRSD Credit Rating Services Department
CSD Central Securities Depositories
DAC Department of Arts and Culture
DMA Directorate of Market Abuse
DPW Department of Public Works
dti Department of Trade and Industry
EC Enforcement Committee
EPWP Expanded Public Works Programme
ERP Enterprise Resource Planning
ESMA European Securities and Markets Authority
ETP Electronic Trading Platform
EU European Union
EWP Employee Wellness Programme
Exco Executive Committee
FAIS Financial Advisory and Intermediary Services
FCIS Foreign Collective Investment Schemes (in securities)
FICA Financial Intelligence Centre Act
FSAP Financial Sector Assessment Programme
FSCA Financial Sector Conduct Authority
FSP Financial Services Provider
FSRA Financial Sector Regulation Act
GLEIF Global Legal Entity Identifier Foundation
GRAP Generally Recognised Accounting Practice
HoD Head of Department
HSRC Human Sciences Research Council
IAA International Actuarial Association
IAIS International Association of Insurance Supervisors
ICT Information and Communications Technology
IIRC International Integrated Reporting Council
IMF International Monetary Fund
IOSCO International Organisation of Securities Commissions
IRBA Independent Regulatory Board for Auditors
ISAS International Standards on Auditing
IT Information Technology
JSE Johannesburg Stock Exchange
LEI Legal Entity Identifier
LISPs Linked Investment Service Providers
LOU Local operating unit
NLRD National Learner Records Database
ORSA Own-Risk and Solvency Assessment
OTC Over-the-counter
PAA Public Audit Act
PBSS Pension Benefits and Social Security
PFA Pension Funds Adjudicator
PF Act Pension Funds Act
PFMA Public Finance Management Act
PPE Property, Plant and Equipment
PPR Policyholder Protection Rules
RDR Retail Distribution Review
RE Regulatory Examinations
RSC Regulatory Strategy Committee
SAICA South African Institute of Chartered Accountants
SADC Southern African Development Community
SAM Solvency Assessment and Management
SARB South African Reserve Bank
SASAS South African Social Attitude Survey
SCOF Standing Committee on Finance
SWOT Strengths, Weaknesses, Opportunities and Threats
TCF Treating Customers Fairly
TCS Terminology Coordination Services
TMS Terminology Management System
TTK Trustee Training Toolkit
UOLA Use of Official Languages Act