Corporate Law and Governance
All eyes on the 2019 National Election as CEO’s dig deep to remain optimistic
The Merchantec CEO Confidence Index recorded a 4% decrease in CEO confidence in Q4 of 2018 to a score of 49.0 which is just...
5 legal tips for start-ups
Many highly successful start-ups are bedevilled by legal disputes, often between founders or funders, which could have been easily avoided.
The Big Five Amendments Proposed By The Companies Amendment Bill, 2018
The Companies Amendment Bill, 2018 (the "Bill") was released for public comment by the Minister of Trade and Industry on 21 September 2018. The Bill, if introduced in its current form, proposes a number of changes to the Companies Act, 2008. This snapshot review deals with only our "big five" amendments.
Fintech
UK Cryptoassets Taskforce Final Report
The UK Cryptoassets Taskforce has recently published its final report. The Taskforce comprises HM Treasury, the Financial Conduct Authority and the Bank of England and was formed in March 2018.
International
IAIS—Holistic Framework for Systemic Risk in the Insurance Sector: IAIS Issues Public Consultation Document...
On November 14, 2018, the International Association of Insurance Supervisors (the “IAIS”) issued a public consultation document (the “CD”) proposing an holistic framework for assessing and mitigating systemic risk in the insurance sector (the “Framework”), to be implemented in 2020.
Regulation and Ethics
Invitation for public comments on the draft Conduct of Financial Institutions Bill 2018
National Treasury invites public comments on the draft Conduct of Financial Institutions (COFI) Bill 2018, which was published on 11 December 2018 together with an explanatory policy paper that sets out the policy rationale for the COFI Bill.
Tax
New VAT regulations for electronic services to take effect in April 2019
The National Treasury recently published an amended Regulation for electronic services, in line with the proposal by the Minister of Finance in Budget Review 2017, that the value added tax ("VAT") base for electronic services was to be expanded.
