SAQA

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SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:

Describe issues of compliance or non-activity that could result in civil or criminal liability in terms of business law

SAQA US ID	UNIT STANDARD TITLE
14979	Describe issues of compliance or non-activity that could result in civil or criminal liability in terms of business law
ORIGINATOR
SGB Financial Services
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-
FIELD			SUBFIELD
Field 03 - Business, Commerce and Management Studies			Finance, Economics and Accounting
ABET BAND	UNIT STANDARD TYPE	PRE-2009 NQF LEVEL	NQF LEVEL	CREDITS
Undefined	Regular	Level 4	NQF Level 04	2
REGISTRATION STATUS		REGISTRATION START DATE	REGISTRATION END DATE	SAQA DECISION NUMBER
Passed the End Date - Status was "Registered"		2003-10-08	2006-02-09	SAQA 0150/03
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2007-02-09		2010-02-09

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.

This unit standard is replaced by:

US ID	Unit Standard Title	Pre-2009 NQF Level	NQF Level	Credits	Replacement Status
120127	Demonstrate knowledge and understanding of issues of compliance or non-activity that could result in civil or criminal liability in terms of business law	Level 4	NQF Level 04	2

PURPOSE OF THE UNIT STANDARD

This Unit Standard is intended for learners who manage risk in insurance and other organisations. It will be useful for risk management generalists, loss adjusters and learners in short term insurance.

The qualifying learner is capable of:

Explaining how liabilities could arise within an organisation.

Explaining how liabilities are linked to corporate governance.

Describing the risks associated with non-compliance or non-activity.

Investigating evidence of compliance or non-compliance in an organisation.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

There is open access to this Unit Standard. Learners should be competent in Communication and Mathematical and Financial Literacy at NQF Level 3.

UNIT STANDARD RANGE

The typical scope of this Unit Standard is

Legal liability includes national, provincial, regional and metropolitan legislation.

Civil liability includes contract, verbal and written agreements and negligence.

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Explain how liabilities could arise within an organisation.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Five principle Acts that impact on a specific organisation are identified and the intention of each Act is summarised in a table.

ASSESSMENT CRITERION 2

2. The concept of directors' and officers liability is explained with three examples.

ASSESSMENT CRITERION 3

3. The concept of errors and omissions is explained with examples.

ASSESSMENT CRITERION 4

4. Potential liabilities in respect of three activity and three non-activity compliance issues are identified and an indication is given of whether each is related to civil or criminal liability.

ASSESSMENT CRITERION 5

5. Potential liabilities in respect of three activity and three non-activity compliance issues are identified and an indication is given of whether each is related to directors and officers or errors and omissions.

SPECIFIC OUTCOME 2

Explain how liabilities are linked to corporate governance.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The basic principles of good corporate governance are explained with reference to legal, ethical and civil compliance.

ASSESSMENT CRITERION 2

2. Three areas of liability that arise out of legal compliance are identified and an indication is given of the consequences of non-compliance or non-activity.

ASSESSMENT CRITERION 3

3. Three areas of liability that arise out ethical compliance are identified and an indication is given of the consequences of non-compliance or non-activity.

ASSESSMENT CRITERION 4

4. Three areas of liability that arise out of civil compliance are identified and an indication is given of the consequences of non-compliance or non-activity.

ASSESSMENT CRITERION 5

5. The link between civil and criminal liability is explained in terms of non-compliance or non-activity with business law.

SPECIFIC OUTCOME 3

Describe the risks associated with non-compliance or non-activity.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Risks associated with ethical non-compliance are explained with examples.

ASSESSMENT CRITERION 2

2. Risks associated with civil non-compliance are explained with examples.

ASSESSMENT CRITERION 3

3. Risks associated with legal non-compliance are explained with examples.

ASSESSMENT CRITERION 4

4. Possible consequences for ethical, civil and legal non-compliance and non-activity are compared in a table.

ASSESSMENT CRITERION 5

5. The ethical, civil and legal risks in a specific organisation are quantified in terms of the potential consequences.

SPECIFIC OUTCOME 4

Investigate evidence of compliance or non-compliance in an organisation.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Evidence of compliance or non-compliance is identified in the documents of a specific organisation.

ASSESSMENT CRITERION 2

2. Compliance to an organisation's systems is checked on site and any deficiencies are indicated in a report.

ASSESSMENT CRITERION 3

3. The implications of instances of non-compliance for insurance claims is explained and three examples are given of circumstances when a claim may possibly be repudiated.

UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS

Accreditation for this Unit Standard shall be obtained from the relevant Education and Training Quality Assurance Body, through summative and formative assessment by a registered assessor.

Assessors must be registered as an Assessor with the INSQA or with an ETQA that has a Memorandum of Understanding with the INSQA

Moderators must be registered as assessors with INSQA, or with an ETQA that has a Memorandum of Agreement with INSQA.

Training providers must be accredited by the relevant ETQA.

Moderation should include both internal and external moderation where applicable.

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE

N/A

UNIT STANDARD DEVELOPMENTAL OUTCOME

N/A

UNIT STANDARD LINKAGES

N/A

Critical Cross-field Outcomes (CCFO):

UNIT STANDARD CCFO IDENTIFYING

Learners are capable of identifying and solving problems in which responses show that responsible decisions using critical and creative thinking have been made in checking systems for compliance.

UNIT STANDARD CCFO COLLECTING

Learners are capable of collecting, organising and critically evaluating information in investigating evidence of non-compliance.

UNIT STANDARD CCFO COMMUNICATING

Learners are able communicate clearly in reporting deficiencies.

UNIT STANDARD CCFO DEMONSTRATING

Learners are able to see the world as a set of related systems in understanding the links between risks and compliance and between civil and criminal liability.

UNIT STANDARD ASSESSOR CRITERIA

N/A

UNIT STANDARD NOTES

This unit standard has been replaced by unit standard 120127, which is "Demonstrate knowledge and understanding of issues of compliance or non-activity that could result in civil or criminal liability in terms of business law", Level 4, 2 credits.

QUALIFICATIONS UTILISING THIS UNIT STANDARD:

	ID	QUALIFICATION TITLE	PRE-2009 NQF LEVEL	NQF LEVEL	STATUS	END DATE	PRIMARY OR DELEGATED QA FUNCTIONARY
Core	49120	Further Education and Training Certificate: Film, Television and Video Production Operations	Level 4	NQF Level 04	Passed the End Date - Status was "Registered"	2007-12-02	Was MICTS until Last Date for Achievement
Core	49649	Further Education and Training Certificate: Long-term Insurance	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	INSETA
Core	49356	Further Education and Training Certificate: Medical Claims Assessing	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	INSETA
Core	66609	Further Education and Training Certificate: Retail Insurance	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	As per Learning Programmes recorded against this Qual
Core	48640	National Certificate: Financial Services Management	Level 4	Level TBA: Pre-2009 was L4	Passed the End Date - Status was "Reregistered"	2023-06-30	INSETA
Core	48493	National Certificate: Financial Services: Wealth Management	Level 4	NQF Level 04	Passed the End Date - Status was "Registered"	2007-02-11	Was INSETA until Last Date for Achievement
Core	24396	National Certificate: Risk Management	Level 4	NQF Level 04	Passed the End Date - Status was "Registered"	2006-10-08	Was INSETA until Last Date for Achievement

PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD:

This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.

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