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

2. 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

3. 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

4. Strategic Goals Private Security Industry Regulatory Authority1
Excellent Service Delivery (Effective Regulation) 2
Stakeholder and Customer Relationship Management 3
Ensure good governance across the Organisation

5. Strategic Goal Private Security Industry Regulatory Authority7
Industry Stewardship (Knowledge and Advocacy (R&D)

6. 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

7. 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

8. 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

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

10. 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

11. 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

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

13. 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  

14. 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 ?

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

16. 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

17. 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

18. 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

19. 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

20. Discussions
Thank You