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The publication of the Financial Provision Regulations for Prospecting, Exploration, Mining or Production Operations by the Minister of Environmental Affairs on 20 November 2015 (2015...
The South African Revenue Service (SARS) published Binding Private Ruling 290 (Ruling) on 24 January 2018.
The International Organization of Securities Commissions (IOSCO) has issued today a consultation report proposing policy measures for its members to consider when addressing the risks arising from the offer and sale of OTC leveraged products to retail clients.
The Income Tax Act allows for roll-over relief in certain circumstances where assets are contributed to a company in exchange for shares in that company. Binding Private Ruling 287 is a good illustration that the provisions of this roll-over relief measure requires detailed consideration before it can be concluded that it applies to a transaction.
The Public Enterprises Law no.6/2012 of 8 February restrains the arbitration agreement in contracts entered into by public enterprises, by setting out that “it is up to the judicial courts to undertake the trial of all disputes in which a public company is a party thereof, including measures to enforce civil liability for acts of the bodies thereof, as well as the assessment of the civil liability of the its members towards the said company”.
The Bank for International Settlements (BIS) published a press release on 26 January 2018 with regards to the meeting on strengthening financial sector supervision...