Regulation of Trusts Bill: Stronger powers and protections
The Bill would introduce additional safeguards for particular trust arrangements, strengthen the Master’s supervisory powers, and change the trust-termination process.
Treasury holds largely firm on AML Bill after public submissions
Two limited FICA changes were indicated, while the FSCA explained why the financial-sector provisions would not be amended.
Document checklist falls short in retirement fund withdrawal dispute
The Tribunal found that evidence of tax non-residence must be assessed against the legislation, with clear reasons given when it is considered insufficient.
Responsible investment: South Africa has the policies, but can it prove they work?
Most asset owners say they are responsible investors, but 43% have no independent way to assess whether their managers are delivering on their ESG commitments.
No investor harm does not mean no compliance breach
The Tribunal finds that commercial circumstances did not justify implementing a major transaction before shareholder approval.
Proposed beneficial owner rules bring fresh scrutiny for financial institutions
Institutions will have to identify and verify owners, assess their honesty and integrity at least every two years, and report beneficial-owner information to regulators.
Fintech Kastelo weighs walking away from appealing blocking order
The FSP has paused its crypto-arbitrage service after the High Court upheld the SARB’s order, finding reasonable grounds to suspect exchange control contraventions.
Regulation of Trusts Bill: New duties and risks for trustees
The Bill would introduce annual reporting and accounting duties and establish a prudent-investor framework, while revising the beneficial-ownership obligations.
Last chance to register: COFI readiness for small FSPs
Moonstone Compliance will explore what the FSCA’s changing supervisory approach means for smaller practices and how they can respond proportionately.
From side hustle to registered business: Getting CIPC right
Designed for entrepreneurs and professionals assisting clients, MBSE’s new course provides a practical guide to registering a business and staying compliant afterwards.
Investors return to equities as CIS inflows strengthen
General equity portfolios recorded their first net inflow in a year, while multi-asset funds continued to attract the bulk of investors’ money.
A better year ahead? The economic outlook starts to look promising
From the rand and commodities to electricity and logistics, several pieces of the South African investment story are moving in the right direction.
The more you earn, the more you borrow? Top earners carry biggest debt burden
DebtBusters’ Q2 Debt Index shows that consumers earning over R50 000 a month need more than their monthly income to service debt.
PA proposes higher levies despite budget reduction
The provisional 3.7% increase is based on projected inflation for 2027 and will be revised using the applicable Stats SA CPI measure.
Debt and retirement pressures drive new product thinking
With household debt absorbing income and retirement outcomes remaining poor, Discovery has introduced a benefit aimed at addressing both pressures.
FSCA debarments bring Regiments Capital’s Zondo history back into focus
The debarments follow an investigation into improper payment arrangements, unlawful revenue-sharing, and procurement practices at Regiments.
Draft tax bills target spousal donations and VDP interest relief
Treasury wants to close what it sees as a tax-avoidance route involving emigrating spouses, while proposing a taxpayer-friendly change to voluntary disclosures.
Adjudicator rebuked for applying ‘manifestly unreasonable’ standard to dependency evidence
The Tribunal says the Adjudicator shifted the evidentiary goalpost over three determinations and passively accepted uncorroborated allegations.
