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PASA – the Payments Association of South Africa – was recognised by the South African Reserve Bank (SARB) as the Payment System Management Body (PSMB) of South Africa in 1998. In this role, PASA oversees the function of 18 different payment streams ranging from low value debit card transactions to high value bond exchange payments. We have also i...
Job Purpose:
Portfolio descriptions:
Legal: The legal function within PASA covers all legal matters pertaining to the day-to-day functioning of PASA in the NPS and as a legal entity, encompassing litigation, contractual arrangements, PASA member policies and position papers, PASA and PASA structure constitutions, Payment Clearing House agreements and rules, and in-scope service level agreements, and any other legal documents underpinning legal certainty in the National Payment System. The legal function also provides expert advice to regulators responsible for regulating, overseeing and supervising the NPS.
Compliance: The compliance function within PASA also plays a two-fold role, responsible for PASA’s internal compliance as a legal entity, and the compliance of PASA members to PASA policies and rules. The role includes compliance monitoring and enforcement, as well as providing oversight of membership admittance and other licensing, registrations and authorisations, and providing guidance to new and existing entities seeking admittance into the NPS.
Job Responsibilities:
Company Secretarial duties:
Compliance function duties:
Legal function duties:
Qualifications:
Experience:
Knowledge:
Skills and competencies:
Specific competencies:
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