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Prudential Authority Issues Draft Directives on FLAC Debt Investments

The Prudential Authority has published two draft directives for public comment concerning the regulatory capital treatment of investments in unsecured subordinated debt and First-Loss Absorbing Capacity (FLAC) instruments.

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Judicial Service Commission: Comment Sought on Revised Selection and Breach Procedures

The Judicial Service Commission has called for public input on proposed revisions to its judicial selection processes, breach procedures, and the transfer of High Court judges.

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Draft Legal Practice Amendment Bill Published for Public Comment

The Department of Justice and Constitutional Development has published the Draft Legal Practice Amendment Bill, 2026, proposing key structural and administrative reforms under the Legal Practice Act, 2014.

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2024 REIT Definition and Prescribed Requirements Gazetted into Force

Subsection 1(1)(f) of the Taxation Laws Amendment Act, 2024, amending the definition of a Real Estate Investment Trust (REIT) under the Income Tax Act, 1962, has come into operation alongside gazetted company-related requirements.

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