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Get to know Actuarial Society of South Africa (ASSA)

Founded in 1948, the Actuarial Society of South Africa (ASSA) is the independent, professional organization for actuaries in the country. Its core mission is to enhance the relevance and reputation of the actuarial profession by promoting high standards of professionalism and competence among its members. ASSA provides education, sets ethical and professional conduct standards, offers continuous professional development opportunities, and serves as the public voice for the actuarial profession in South Africa on matters of public interest.

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Actuarial Society of South Africa (ASSA)

South Africa

Founded in

1948 (78 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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ASIC

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.