The weekend that was
Ek raak nou al uitgehonger vir die Super 15, en na die naweek se teleurstellende uitslae in die krieket en sokker, begin ek maar solank oplees oor wat vir ons op die rugby […]
Legal precedent set as Odendaal’s assets forfeited in Steinhoff fraud battle
The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
Read moreTreasury Response to Comments
A document containing National Treasury’s responses to comments on the Financial Services Laws General Amendment Bill was published recently. The 110 page document makes for heavy reading if you are not a legal […]
Compliance Audits and Appointments
Appointments We are happy to confirm two new appointments at Moonstone to assist with the increasing demand for our compliance services. Jaconette de Beer will bring her vast experience and expertise to the […]
Regulation of Tax Practitioners
We found the following on the SARS website: Analysis shows that the compliance of tax practitioners is low. For example, tax practitioners owe more than R260 million to SARS in their own personal […]
Compliance Report Workshops
Registration closes this Thursday. With some venues already fully booked, we suggest you register, at your earliest convenience. If your annual compliance report is due by the end of February, consider making use […]
A novel savings scheme, but does it work?
Lady: Do you drink? Man: Yes. Lady: How much a day? Man: Three 6 packs. Lady: How much per 6 pack? Man: About $10.00. Lady: And how long have you been drinking? Man: […]
Grant Thornton Capital announces strategic partnership with Lephatsi Financial Services
Lephatsi Financial Services acquires 35% stake bringing substantial skills and additional BEE credentials to the business 10 December 2012 New shareholders will further contribute to Grant Thornton Capital (GTC) being a substantial contender […]
A better Challenge?
How fickle we are! We often take away from our victory by over analysing the match or circumstances. Ever heard the saying, a near miss is as good as missing it by a […]
Fiscal Cliff – a far more understandable explanation
US tax revenue: $2,170,000,000,000 Federal budget: $3,820,000,000,000 New debt: $1,650,000,000,000 National debt: $14,271,000,000,000 Recent budget cuts: $38,500,000,000 Let’s now remove eight zeros and pretend it is a household budget: Annual family income: $21,700 […]
Regulatory Changes Envisaged in 2013
The Financial Services Laws General Amendment Bill will see substantial changes and updates in respect of 11 different laws affecting the financial services industry. According to Business Day, the national treasury will attempt […]
Inseta RE Prep Workshop
We managed to obtain the link to the registration page for those individuals wishing to attend the workshops aimed at improving their chances of writing the level 1 REs successfully. Please click here […]
Private Equity Fund Exemptions
Board Notice 208 of 2012 provides a measure of relief in terms of certain mandate and liquidity requirements to persons conducting financial services related business with private equity funds. The Board Notice contains […]
Weighed, measured, and found wanting
The venom of the South African pace attack has proven too much for the Black caps as they were once again destroyed in their first inning. Was it not for a gutsy display […]
A Picture Paints a Thousand Words
The predictions contained in the Mayan Calendar of the demise of the world on 21 December led to quite a bit of mirth around the world. For some, it had other, worse concerns […]
RE Standards
An article on the pass mark of recent matric exams, reminded me of one of the controversial aspects of the regulatory exams – the pass mark of 65/66%. Professor Jonathan Jansen is arguably […]
Inseta Preparation Workshops
The workshops, aimed at assisting those who had difficulty in passing the level 1 regulatory exams, will run from 22 January to 19 February 2013. The FSB circular 13 of 2012 indicated that […]
