New rules under the Promotion of Access to Information Act 2 of 2000 (PAIA), for the 'procedure for application to court' were published on 4 October 2019, effectively coming into operation on 4 November 2019, for all applications regarding decisions of information officers or relevant authorities of public bodies or heads ...

Comment is sought by 7 November 2019 on a draft public compliance communication aimed at providing guidance to non-profit organisations (NPOs), their regulators and third parties dealing with NPOs ‘regarding … measures that may be implemented to combat terrorist financing and money laundering’. CompliNEWS contributor Pam Saxby reports that they were ...

Proposed price discrimination and buyer power abuse guidelines released this week for comment seek to provide insight into the Competition Commission’s intended interpretation of related provisions in the amended Competition Act; the principles that will inform its assessment of alleged contraventions; and how it will ‘seek to screen and assess ...

The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services business with Worldwide Investments. Worldwide Investments is not authorised in terms of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act) to render any financial advice and intermediary services.

The said entity uses a WhatsApp ...

The UK's Financial Conduct Authority (FCA) has fined Tullett Prebon (Europe) Limited (Tullett Prebon) £15.4 million (R280 million) for failing to conduct its business with due skill, care and diligence, failing to have adequate risk management systems and for failing to be open and cooperative with the FCA ...

The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services related business with the entity called Fern Finance (Pty) Ltd (Fern). Fern is not authorised in terms of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act) to render any financial advice and intermediary services ...

By Shamaa Sheik

The following matter was heard in the Financial Services Tribunal on 18 September 2019:

• Ebenol Boudienste CC (Applicant) and Pension Fund Adjudicator (1st Respondent); B Marero (2nd Respondent); North and West Boland Building (3rd Respondent); Pension Scheme GTC (Pty) Ltd (4th Respondent) – case number: PFA41/2019 ...

Legalbrief Today Issue 4805

The war of words between the Public Investment Corporation (PIC) and Sekunjalo Investment Holdings chair Iqbal Survé intensified on Wednesday, with the state-owned asset manager rebuffing Survé’s ultimatum that it withdraw comments it made in Parliament or face court action. A Business Day report says the ...

Legalbrief today Issue 4803

The international tax world is facing another major shake-up once the new rules on the taxing rights of income generated from cross-border activities are finalised, says a Business Day report. The final report from the Organisation for Economic Co-operation and Development (OECD) on the tax challenges ...

The Financial Conduct Authority (FCA) and regulated firms in the UK have been taking steps to prepare in the event the UK leaves the EU on 31 October 2019 without a deal. Today the FCA has issued an update on steps certain firms need to take. The FCA is aware ...

The international tax world is facing another major shake-up once the new rules on the taxing rights of income generated from cross-border activities are finalised, says a Business Day report. The final report from the Organisation for Economic Co-operation and Development (OECD) on the tax challenges facing countries in an ...