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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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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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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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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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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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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