Operation Vulindlela Q1 2026 Progress Report Highlights Key Legislative and Regulatory Reforms

Posted 31 July 2026

The National Treasury and the Presidency have published the Operation Vulindlela 2026 Quarter 1 progress report, detailing structural reforms across energy, freight, water, immigration, and local government frameworks.

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Special Tribunal Declares R4m NLC Grant Unlawful and Orders Full Repayment

Posted 22 July 2026

The Special Tribunal has set aside a R4.7 million grant awarded by the National Lotteries Commission to the Mshandukani Foundation, ordering the full recovery of funds plus interest following an SIU investigation.

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IDAC Oversight Judge Assesses Complaints Against Directorate Head

Posted 22 July 2026

The Office of the IDAC Oversight Judge has confirmed receipt of complaints regarding IDAC Head Advocate Andrea Johnson, to be assessed under its statutory framework.

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FIC Issues Reminder for 2026 Risk and Compliance Return Submissions

Posted 08 June 2026

The Financial Intelligence Centre has reminded designated accountable institutions to submit their 2026 Risk and Compliance Return (RCR) under Directive 11 of 2026 by the upcoming deadlines in June and July 2026.

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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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