As previously communicated, a new reporting obligation for Trustees was gazetted on 31 March 2023, which amended the Trust Property Control Act, Act 57 of 1998 (TPCA). The implementation of the amendments came into effect on 1 April 2023 and Trustees are now obligated...
We refer to the recent notice from the Information Regulator in accordance with section 83(4) of PAIA. The Regulator has requested the submission of the Annual Report from all Private Bodies by 30 June 2024 detailing requests for access to records received and...
Article shared courtesy of: Webber Wentzel Articles “South Africa’s Parliament has passed the Companies Amendment Bills, 2023. The Companies Amendment Bill, 2023 includes provisions to enhance transparency and provide for more disclosure and governance of...
CIPC cyber attack leaves millions of entities vulnerable across the nation Sensitive data of at least three million entities and individuals who were registered with the Companies and Intellectual Property Commission (CIPC) could have fallen into the wrong hands when...
The Financial Intelligence Centre Act (FICA) was introduced to fight financial crime, such as money laundering, tax evasion, and terrorist financing activities by making it more difficult for criminals to benefit from the proceeds of crime. The FIC Amendment Act...
