by MD Streets | Oct 16, 2023 | CoSec Blog | Stephanie Phillips
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...
by MD Streets | Oct 10, 2023 | CoSec Blog | Stephanie Phillips
You may have already received a Compliance Notice in terms of Section 83(3)(d) of the Promotion of Access to Information Act 2 of 2000 (PAIA). Whilst this notice is aimed at entities who have not updated their PAIA Manuals in line with the Act, there is now another...
by MD Streets | Sep 12, 2023 | CoSec Blog | Stephanie Phillips
“One of the many purposes of the Companies Act, 71 of 2008 (hereinafter referred to as “the Act”) is to provide for a predictable and effective environment for the efficient regulation of companies and other juristic persons, as described in section 7 of the...
by MD Streets | Aug 7, 2023 | CoSec Blog | Stephanie Phillips
The Companies and Intellectual Property Commission (CIPC) is to keep a register of beneficial ownership (BO) for companies and close corporations that will serve as a repository of natural persons who own or exercise control over legal entities registered with the...
by MD Streets | Jun 23, 2023 | CoSec Blog | Stephanie Phillips
The Information Regulator published a notice on 7 May 2023, inviting all private bodies to submit a report by Friday, 30 June 2023, detailing requests for access to the records of these private bodies. This applies to: Natural persons who are/have previously carried...
