News

How small is a small DIMS business?

Wednesday 18th of March 2015

DIMS providers who have a class licence under the Financial Markets Conduct Act must prepare financial statements that comply with generally accepted accounting practice (GAAP), have them auited by a licensed auditor and lodge them with the Registrar.

This will not be a problem for large-scale providers, such as banks, who already follow these systems. But it will be a big imposition for...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.