Business Briefing Security Service Providers Business Strategy Review Private Security Industry Regulatory Authority Business Briefing Security Service Providers

Psira Business Briefing Private Security Industry Regulatory Authority Overview Vision and mission and values Road Map Key Milestones and Outstanding Items Key Focus Areas Future Disruption Guarantee Fund Conclusion

Vision and Mission Private Security Industry Regulatory Authority To be recognized as an excellent regulator of private security in South Africa by all our stakeholders Ubuntu Excellence Integrity Our Values

Strategic Goals Private Security Industry Regulatory Authority 1 Excellent Service Delivery (Effective Regulation) 2 Stakeholder and Customer Relationship Management 3 Ensure good governance across the Organisation

Strategic Goal Private Security Industry Regulatory Authority 7 Industry Stewardship (Knowledge and Advocacy (R&D)

Strategic Objectives Private Security Industry Regulatory Authority Ensure efficient and effective Processes and Systems Ensure effective financial management To improve performance of the organisation Increased monitoring and investigation of security service providers to ensure compliance with existing legislation Increased awareness on the functions and role of PSiRA and its stakeholders within the security industry Improve the integrity and the turnaround time of registration Promote and ensure compliance with minimum professional training standards by the SSPs Conduct Research and development policy direction for the private security industry

LEGISLATIVE MANDATE The primary objectives of PSiRA are to regulate the private security industry and to exercise effective control over the practice of the occupation of security service provider in the public and national interest and in the interest of the private security industry itself. SUMMARY OF THE MANDATE: Promote a legitimate Industry subject to the Constitution and other laws of the Country; Determine and enforce minimum occupational conduct by service providers; Ensure transparent, fair, objective and timeous registration process; Ensure compliance through active monitoring and investigation of service providers; and Promote services that responds to the need of users and of the community, Professionalise training within the Private Security Industry

Collaboration with SASSETA The Grades training (E to A) to migrates to NQF training Determination of training for different categories/classes and sectors Effective implementation of the current MoU between PSiRA & SASSETA. PSiRA to determine & set the minimum standard for the various categories. SASSETA to act as the developmental partner and execute its delegated responsibilities as assigned by the QCTO as also mandated by the skills act. Registration of PSiRA as the Industry Professional Body with SAQA

Road Map Private Security Industry Regulatory Authority 2010 Turn-around Era 2013 Emergency Action 2015 Normalisation

Key Milestones Private Security Industry Regulatory Authority Finance Law & IT Research capacity Knowledge Areas Forum Participation New Tariffs Clean Up Debtors Liquidity Planning New Compliance Model More Resources IT Strategy IT Policies

None Achievements Private Security Industry Regulatory Authority Develop SAPS integration specs (CRC and CFR) Develop DoL integration specs Engage with Consumer Protection Commission Engage NPA regarding amnesty (2010) Expand the Legal Services Divisions Identify potential partners for enforcement (e.g. insurance) Engage with Treasury for Letter of Good Standing Treasury directive issued Vendor management Information security Business continuity

Where to from Here Private Security Industry Regulatory Authority 2017 Creation Disruption 2019 Implementation Normalisation 2021 Maturity Capilization

Key Focus Areas PRIVATE SECURITY INDUSTRY REGULATORY AUTHORITY Areas of Disruptions Segmentation of Core Business Registration Per Sector Enforcement Per Sector Digital Transformation Online Registration Full Automated Inspections Automated billing Paperless Inspections  

Industry Categories Do We Have Regulations ? K9 Units etc Guarding Sector Close Protection Response Security Assets In transit Events Security Manufacturers ,Importers and distributors Locksmiths; and Security advisory Electronic Security Security Training Private Investigators K9 Units etc Do We Have Regulations ?

Impact PRIVATE SECURITY INDUSTRY REGULATORY AUTHORITY Market Segmentation Digital Transformation ? Impact

Introduction of Guarantee Fund Authority regulates for the national , public and interest of the Private Security Industry Established 15 years ago without any form protection for the players Lack of recourse for users and consumers in case of damages against service providers High costs of Public Liability insurance covers Lack of Capital Investment and credit guarantee in the sector for SMME’s Created barriers of entry to large and lucrative contracts for SMME’s

Purpose of the Fund To provide limited guarantee to security service providers against public liability To provide protection to consumers for loss or damage caused by negligence of Security Service Provider To improve standards of service by the security service providers To strengthen compliance within the Private Security Industry

Purpose of the Fund conti… To reduce the regulatory costs of doing business with the Industry To provide for alternative sustainable funding of operations of the Authority To Professionalize the Private Security Industry To fund development of SMME’s with the Industry

Benefits and risk of the fund Fund will provide limited liability cover for members Reduction of exploitation against security officers Elimination of pricing below cost of statutory obligations e.g. UIF, Compensation and Provident fund Improve competition on basis of quality of service Sustainable funding may boost capacity of law enforcements

Discussions Thank You