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Home / Compliance and Legislation / Page 61

Compliance and Legislation

Videos

Day 2 Highlights from the FSCA Industry Conference 2026

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Day 1 Highlights from the FSCA Industry Conference 2026

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Budget: Key changes for taxpayers and investors

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High Court rejects lockdown as reason for not adhering to vehicle finance agreement

The High Court in Pretoria has rejected a purchaser’s defence that the lockdown made it impossible for him to adhere to his vehicle finance agreement, finding that his inability to pay was due […]

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Why FSCA’s liquidation exemption stands despite conflicting with Board Notice

The Financial Services Tribunal (FST) has dismissed an application by an umbrella fund member who was aggrieved by the FSCA’s decision to exempt the fund from the full liquidation requirements in the Pension […]

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A parent can claim maintenance for adult dependent children on divorce, court rules

A parent can claim maintenance for adult dependent children from the other parent upon divorce, the Supreme Court of Appeal (SCA) has ruled. The judgment, penned by Acting Judge Pieter Meyer (with four […]

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Bookings open for Moonstone’s regulatory risk register webinar

Moonstone Compliance’s third webinar of this year will focus on regulatory risk registers as part of your organisation’s privacy governance programme. The webinar will take place on Microsoft Teams on Wednesday, 24 August, […]

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FAIS Ombud did not act impartially in Sharemax matter, says tribunal

The Financial Services Tribunal (FST) has sharply rebuked the FAIS Ombud for the way in which she arrived at a Sharemax determination, saying the ombud not only failed to interrogate the FSP’s version, […]

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Retirement funds and salaries are not a refuge from the taxman

Lump sums, monthly annuities and salaries are not off-limits to the long arm of the taxman. Taxpayers who have failed to pay their tax debts in full to the South African Revenue Service […]

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Are you ready for imminent crypto regulation in South Africa?

A long period of silence on cryptocurrency regulation in South Africa has finally been broken. South African Reserve Bank (SARB) deputy governor Kuben Naidoo has now confirmed that new regulations are set to […]

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FSCA proposes to ease requirements for CIS portfolio amalgamations

The FSCA has published a draft notice setting out the conditions under which collective investment scheme (CIS) managers will be exempt from some of the requirements of the Collective Investment Schemes Control Act […]

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FSCA investigating two entities for ‘unauthorised’ OTC derivative trading

The FSCA says it is investigating Nirvesh Financial Services (Pty) Ltd and Veracity Markets (Pty) Ltd for allegedly conducting unauthorised over-the-counter (OTC) derivative business and for possible breaches of other financial sector laws. […]

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King Price ordered to pay claimant the amount he owed for his vehicle

The High Court in Pretoria has upheld a Regional Court order that King Price must pay a claimant the amount he owed the bank for his vehicle, which was written off after an […]

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Moonstone launches gratis RE exam preparation videos

Moonstone Information Refinery has launched a video series to help students prepare for the regulatory exams for key individuals and representatives. The videos are not training material but are designed to help students […]

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Adjudicator hits back after High Court overturns withdrawal deduction determination

A recent order by the High Court in Johannesburg does not set a precedent for an employer or a creditor to make deductions from a retirement benefit that are prohibited by the Pension […]

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Taxpayers are losing out in disputes with Sars by not going to the Tax Ombud sooner

The imbalance between the South African Revenue Service (Sars) and taxpayers, particularly when it comes to the dispute resolution process, remains a major concern for the Office of the Tax Ombud (OTO). Some […]

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Was market volatility or admin problems the reason a fund member lost R340 000?

The Financial Services Tribunal (FST) has ordered the Pension Funds Adjudicator to reconsider a determination that attributed a fund member’s loss to the employer’s failure to submit his withdrawal form timeously to the […]

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What Sars is asking high net worth taxpayers prior to 2023 disclosure requirement

In last year’s Budget Speech, it was announced that the South African Revenue Service (Sars) would set up a specialised High Wealth Individuals’ Unit (HWI Unit) that would provide the necessary attention and […]

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Regulation 28: trustees ‘need to raise their infrastructure investment skills’

Retirement funds will have to invest in upskilling trustees to empower them to navigate the complex world of infrastructure investing opened up by the gazetting of the amendments to regulation 28 of the […]

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Proposed increase in healthcare accreditation fees

It will cost R59 more to be accredited as a healthcare broker if proposed amendments to regulation 31 of the Medical Schemes Act (MSA) are adopted. The Minister of Health, Dr Joe Phaahla, […]

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