
Court draws line between BEE licensing and property regulation
The High Court invalidated the BEE certificate condition for Fidelity Fund certificates but rejected most of Sakeliga’s challenge to the definition of property practitioner.

The High Court invalidated the BEE certificate condition for Fidelity Fund certificates but rejected most of Sakeliga’s challenge to the definition of property practitioner.

The misalignment between the FSC benchmarks and stricter government employment equity targets is set to increase the transformation pressure on life offices and asset managers.