Corporate Law and Governance
Appropriate Dispute Resolution Clauses are vital in Commercial Agreements
Parties that conclude any sort of commercial agreement must consider the mechanism by which any dispute arising under the agreement will be resolved.
FCA Business Plan 2019/20: looking ahead to post-Brexit future of regulation
Unsurprisingly, Brexit remains the immediate priority for the FCA in its recently published Business Plan 2019/20.
Notice period to convene a shareholders’ meeting increases from 14 to 21 days
As from 30 April 2019, following an amendment to the Fifth Schedule of the Companies Act, 2001, a notice convening a shareholders’ meeting must now be sent no less than 21 days prior to the meeting, as opposed to no less than 14 days as previously stipulated.
Fintech
Libra – One coin to rule them all?
Facebook released the white paper of its much awaited cryptotoken, known as “Libra”, last week.
International
LIBOR | The state we’re in
Replacement of the current LIBOR regime, in light of various rate setting controversies, has been well-publicised. But what progress has been made in relation to those changes, what is a ‘SONIA-based’ alternative and are borrowers sleep-walking into the unknown when it comes to documentation? We explain the current state of play.
Regulation and Ethics
SAIFM Regulatory Summit, 2019
Back to the future: the impact of technology on regulation and the new emphasis on conduct and governance
Tax
The interaction between the debt reduction rules and other provisions of the Income Tax...
Having gone through a number of substitutions and amendments, the debt reduction rules contained in section 19 of the South African Income Tax Act, 1962 (the “Act”) and paragraph 12A of the Eighth Schedule to the Act now provide for the implications arising for a debtor where a debt owed to a creditor is waived, cancelled or capitalised by way of the issue of shares etc.
