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Monday 18 February, 2019
The official Financial Regulation Journal of SAIFM
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Financial Matters Amendment Bill With Amendments To The Insolvency Act Published...

On 1 February 2019, the South African Minister of Finance published the Financial Matters Amendment Bill (the "Bill") containing a long-awaited amendment to section 83 of the Insolvency Act, 1936. We previously discussed the purpose of the amendment to the Insolvency Act, as well as a number of issues associated with the first draft of the Bill (the "Draft Bill"), which was published on 24 August 2018.

Statement on cryto assets

The Financial Intelligence Centre (FIC), Financial Sector Conduct Authority (FSCA), National Treasury (NT), South African Revenue Service (SARS) and the South African Reserve Bank (SARB) this week released a consultation paper on crypto assets.

The FSCA releases two publications related to the Retail Distribution Review

The Financial Sector Conduct Authority (FSCA) has recently published two new documents relating to its Retail Distribution Review (RDR) regulatory reform program.