SAICA Releases Ultimate Beneficial Ownership Guide

Posted 29 May 2026

The South African Institute of Chartered Accountants (SAICA) has released a comprehensive guide on Ultimate Beneficial Ownership (UBO) compliance under FICA, the Companies Act, and the Trust Property Control Act.

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FIC Issues Draft PCC 122 on Special Purpose Vehicles

Posted 20 March 2026

The Financial Intelligence Centre has published Draft Public Compliance Communication 122 to provide guidance on the obligations of Special Purpose Vehicles under the FIC Act.

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Amendments to POPIA Regulations and Mandatory e-Portal Reporting

Posted 28 May 2025

The Information Regulator has amended the Regulations under the Protection of Personal Information Act, No. 4 of 2013, introducing mandatory online reporting of security compromises via a new e-Portal.

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LPFF: 2025 Application Form for Refund of Bank Charges and Audit Fees

Posted 28 May 2025

The Legal Practitioners Fidelity Fund (LPFF) has released the 2025 application form for the refund of bank charges and audit fees, mandating the use of Agreed-Upon Procedures (AUP) reports for claims relating to financial periods ending after 1 March 2024.

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FIC Directive 9 of 2024: Crypto Asset Travel Rule Implementation

Posted 21 May 2025

The Financial Intelligence Centre has issued Directive 9 of 2024, mandating the implementation of the ‘travel rule’ for crypto asset transfers to enhance transparency and align with FATF Recommendations.

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Draft Consumer Goods and Services Industry Code of Conduct Published

Posted 21 May 2025

The Department of Trade, Industry and Competition has invited public comment on the draft Consumer Goods and Services Industry Code of Conduct, issued in terms of the Consumer Protection Act, No. 68 of 2008.

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