South Africa ranks in the middle of global sustainability stock market league
SA’s market ranks highly in terms of social characteristics but poorly on environmental, driven by the high proportion of materials and mining stocks.
COFI Bill approved for submission to Parliament
Omnibus AML/CFT Bill also gets the nod for tabling.
FIC extends deadlines to comment on two draft guidance communications
These are the PCCs relating to beneficial ownership and the targeted financial sanctions obligations.
Accountancy body places executives on precautionary suspension pending a forensic investigation
A group of SAIPA members is calling for the matter to be discussed at a special general meeting.
FSCA revises the timelines for the roll-out of Omni-CBR
The Authority has noted the industry’s feedback, but Moonstone’s main concern with the first version of the return remains.
SCA directs removal of East London attorney from roll over misconduct
The Supreme Court of Appeal replaced the High Court’s two-year suspension order, saying the attorney was not amenable to rehabilitation.
MBSE top achiever navigates Postgraduate Diploma path with determination
Paraplanner Neo Mahlangu shines with his third qualification from Moonstone Business School of Excellence.
Former Momentum financial planner arrested for R4.7 million fraud
The financial services group is aware of another client who fell victim to the former employee’s alleged misconduct.
Capitec’s funeral policy arrangement with Sanlam to end next year
Capitec Life will take over the administration of the in-force insurance book.
Black Friday: retailer payday or sales fizzle?
Shopping statistics reveal top trends in consumer purchases over the Black Friday weekend.
Alexforbes’s interim results show 13% surge in operating income despite challenging economic environment
Alexforbes CEO Dawie de Villiers pledges further investment in core strengths for scale and efficiency considering robust interim results.
Industry and organised labour respond to new proposed two-pot date
All stakeholders emphasise the need to finalise the amendments to the Income Tax Act and the Pension Funds Act.
Asisa’s chief executive leaves to ‘pursue other opportunities’
Busisa Jiya’s departure comes less than two years after his appointment.
Two pots: proposed implementation date is neither 1 March 2024 nor 1 March 2025
The Minister of Finance responds to the Standing Committee on Finance’s call for the implementation date to be moved to 1 March next year.
Considerations when deciding whether to keep a company dormant or close it
An entity can formalise its dormancy by way of a liquidation process or by deregistering with the Companies and Intellectual Property Commission.
Crypto market study reveals 10 common risks to investors
The FSCA says the study will bolster its grasp on crypto asset activities, enabling the Authority to fine-tune its oversight and licensing strategies.
Tribunal sets aside debarment of rep who copied and pasted a client’s signature
An affidavit from the client contradicts the bank’s version that the representative acted fraudulently.
FSCA discloses how many crypto licence applications it is processing
Some 20% of the applications received by the end of October were withdrawn for various reasons.
