Corporate Law and Governance
Regulators around the world are increasing their focus on compliance issues and this has given rise to a substantial increase in demand for lawyers who specialise in this field.
Recent strikes and protests regarding South Africa’s new national minimum wage have brought to the fore the challenge faced by those who were tasked with setting it.
The top ten economies by Gross Domestic Product (GDP) in Africa all have active competition regulation, save for Angola and Nigeria but those countries are in the process of establishing completion law regimes, which are expected to be up and running soon.
Federal bank regulators recently have proposed revisions to the so-called Volcker Rule, which restricts banking entities from proprietary trading and acquiring interests in covered funds (the “Proposed Revision”) as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”).
Regulation and Ethics
The SCA recently considered the valuation of preference shares held by a person at the time of death for purposes of determining the capital gains tax arising from the deemed disposal of the shares.