CODES OF PRACTICE

Compliance with ASISA Codes of Practice is compulsory for all ASISA members. By adhering to these Codes of Practice, member companies have undertaken to develop processes and products that provide investors with a quality assurance that goes beyond the legislative and regulatory framework.

The current versions of the Codes of Practice still reflect reference to the founding associations of ASISA, i.e. the ACI, LOA, IMASA and LISPA Working groups have been tasked with consolidating the Codes of Practice, Standards and Guidelines of the founding trade associations and determining their re-branding. It is envisaged that this project will be finalized by the end of 2009.

In the interim period the ASISA Board and its members have undertaken to continue to be bound by the existing Codes of Practice, Standards and Guidelines until such time as the ASISA versions are in place.

Collective Investment Scheme Industry

• Code of Practice for Advertising of Collective Investment Schemes in Securities, 16 September 2008
• CoP ACI Procedures and Penalties for Breaches of the Codes of Conduct, Practice and Standards, January 2008
• CoP Investor Communication - CISCA Portfolio Report for quarter end (Excel spreadsheet)
• Fund Classification
• Investor Communication
• Standards and Guidelines
• Ethics
• Corporate Governance

Investment Management Industry

• Code of Conduct

Life Industry

• Disciplinary Provisions
• Chapter 1 Code on the Life Register
• Chapter 2 Code on Demarcation: Health Insurance & Medical Schemes
• Chapter 3 Code Of Good Practice for Disability Insurance
• Chapter 4 Code On Medical Requirements, Medical Report Forms And Related Matters.
• Chapter 5 Code Of Good Practice for Dread Disease Benefits
• Chapter 6 HIV Testing Protocol
• Chapter 7 Code on Replacements. Guide to Replacement Register.
• Chapter 8 Code on the S Reference System
• Chapter 9 Code of Good Practice on Complaints Resolution
• Chapter 10 Code on Equality
• Chapter 11 Code on Half-yearly Statistics
• Chapter 12 Code on Commission Control and the Interpretation of the Remuneration Legislation
• Chapter 13 Code on Public Relations, Advertising and Promotion
• Chapter 14 Code on Policy Quotations (18 November 2008)
• Chapter 17 Code on Claims Register
• Chapter 18 Code on the Intermediary Register
• Chapter 19 Code on Assistance Business
• Chapter 20 Code on Genetic Testing
• Chapter 21 Code on Living Annuities
• Chapter 22 Code on Unclaimed Benefits
• Chapter 23 Code on Benefit Expectation Management

Linked Investment Service Providers

• Code of Conduct