Corporate Law and Governance
Many highly successful start-ups are bedevilled by legal disputes, often between founders or funders, which could have been easily avoided.
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.
Whether an entrepreneur, dentist, lawyer, accountant or even a marketing professional, as a small business owner working to win over clients and make your business a success, it’s absolutely vital not to lose sight of protecting your most valuable financial asset – yourself.
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.
Regulation and Ethics
The Minister of Finance announced in his 2017 Budget Review that the regulations defining electronic services would be broadened. Following the revised draft regulations which were published on budget day 2018, National Treasury published ‘final’ regulations which significantly broaden the definition of ‘electronic services’.