Financial Sector Regulation: Status of COFI Bill Tabling in Parliament
IASB Releases Educational Module 29 on Income Tax for IFRS for SMEs
Competition Commission: Input Sought on Draft Guidelines for Technical Goods Aftermarkets
Electricity Sector Market Transformation Position Paper Gazetted
President Authorises SIU Investigation into Theewaterskloof Municipality
SARS Calls for Public Comment on VAT Modernisation Consultation Paper
National Treasury Releases Discussion Paper on Centralised Unclaimed Assets
Prudential Authority Issues Draft Directives on FLAC Debt Investments
Judicial Service Commission: Comment Sought on Revised Selection and Breach Procedures
Draft Legal Practice Amendment Bill Published for Public Comment
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The Financial Intelligence Centre has issued a notice reminding accountable institutions of their obligation to register under the correct item numbers in Schedule 1 of the Financial Intelligence Centre Act, No. 38 of 2001.
The National Assembly’s Portfolio Committee on Justice and Constitutional Development has called for public submissions on the General Laws (Family) Amendment Bill, which seeks to align matrimonial and divorce legislation with recent Constitutional Court rulings.
The Companies and Intellectual Property Commission (CIPC) has announced the full automation of the Application for Re-instatement of Deregistered Company (Form CoR40.5), effective 11 August 2025.
South African accounting practices are transitioning toward value-based pricing and digital-first operations to align with evolving professional standards and ensure long-term sustainability. The Department of Trade, Industry & Competition has gazetted a block exemption under the Competition Act to support Phase 2 of the sugar industry master plan. The Department of Trade, Industry and Competition has withdrawn proposed draft amendments to regulations under the National Credit Act, No. 34 of 2005, to allow for further stakeholder consultation.
The Independent Regulatory Board for Auditors (IRBA) has issued a new guideline to assist the Enforcement and Disciplinary Committees in determining appropriate monetary fines for Registered Auditors found guilty of improper conduct. The Department of Trade, Industry & Competition has gazetted a draft block exemption under the Competition Act, No. 89 of 1998, to support export promotion and mitigate tariff impacts.
The FSCA and SARB have released Joint Communication 2 of 2025, providing best practices for financial institutions on cloud computing and data offshoring.
The International Ethics Standards Board for Accountants (IESBA) has released a staff alert detailing the ethics and independence obligations for accounting firms undergoing private equity investment. The Legal Practice Council has gazetted proposed amendments to the rules governing the filling of vacancies within provincial councils, specifically addressing by-election procedures. The Department of Trade, Industry & Competition has invited public comment on draft amendments to the regulations under the Liquor Act, No. 59 of 2003, which will impact the registration of manufacturers and distributors. The Department of Forestry, Fisheries & the Environment has published draft regulations to prohibit the production, sale, and distribution of plastic microbeads and products containing them. The Department of Agriculture, Land Reform & Rural Development has published draft regulations under the Communal Property Associations Act, No. 28 of 1996, with the comment period extended to 16 November 2025. The International Ethics Standards Board for Accountants (IESBA) has issued a list of specific prohibitions for Public Interest Entities (PIEs) under the International Ethics Standards for Sustainability Assurance (IESSA). The International Ethics Standards Board for Accountants (IESBA) has issued a staff publication comparing the International Ethics Standards for Sustainability Assurance (IESSA) with the existing IESBA Code of Ethics to support practitioners in sustainability assurance engagements. The Prudential Authority has released a draft directive under the Banks Act, No. 94 of 1990, outlining new requirements for board independence and the appointment of independent non-executive directors as committee chairs. Cabinet has approved the removal of the Repeal of South African Airways (SAA) SOC Limited Bill from Parliament following the collapse of negotiations for a strategic equity partnership.
The IFRS Foundation has published new implementation guidance for climate-related transition plan disclosures under IFRS S2. The Department of Basic Education has published two sets of draft regulations regarding learner admissions and school infrastructure capacity, with the public comment period extended to 5 January 2026. The National Treasury and the Financial Intelligence Centre (FIC) have confirmed the completion of the Financial Action Task Force (FATF) on-site assessment, a final step before the October 2025 decision on South Africa’s greylisting status.
The National Treasury has released the draft Accounting Manuals for Departments (AMD) for the 2025/26 financial year for public comment. The National Treasury has released proposed amendments to Annexure 5 of the Annual Financial Statements template for government departments for public comment. The FSCA, PA, and National Treasury have released new directives and strategies concerning cloud computing risk mitigation and disaster response financing frameworks. A draft Constitution Amendment Bill has been gazetted for public comment, proposing to bar individuals removed from office for misconduct from serving in legislative bodies.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.
