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The long-awaited relaxation of the rules relating to 'loop structures' has finally been announced and most South African residents may now invest in these structures.

The recent lawsuit against JP Morgan Chase has attracted attention not simply because of the value involved, but because it serves as a reminder that even major financial institutions...

The South African Financial Services Tribunal has ruled that the Financial Sector Conduct Authority cannot impose administrative penalties jointly and severally on multiple persons under section 167 of the Financial Sector Regulation Act. These landmark decisions also establish that when debarment periods are imposed, the FSCA must provide substantive reasons for the specific periods selected, rather than merely reciting jurisdictional grounds.

As has long been expected, the Minister of Finance recently exercised his powers under the Collective Investment Schemes Control Act to declare hedge funds collective investment schemes from 1 April 2015.

It is not uncommon for financial services representatives ("the representatives") who are debarred to run out of time to file their reconsideration applications.

Almost exactly five years after the Financial Services Board released the first draft board notice on margin requirements for derivatives...

South African financial markets have developed significantly in the past few years notwithstanding the ongoing market abuse.

South Africa's capital markets have undergone significant structural reform with the JSE's Main Board segmentation and the emergence of new licensed exchanges, creating expanded pathways for companies seeking...

The South African Reserve Bank ("SARB") has published a draft directive that could dramatically reshape the payments landscape.

Taxpayers are required to be fully compliant in all their tax matters by submitting and paying their taxes on time.

The Financial Sector Conduct Authority ("FSCA") recently published its General Retail Distribution Review Status Update ("RDR Status Update").

When judgment is granted, the creditor may issue a document referred to as a warrant of execution at the Court that granted the judgment in question.

The Financial Surveillance Department of the South African Reserve Bank ("FinSurv") has released a comprehensive draft framework for the regulation of Authorised Alternative Remittance Providers ("ARPs").

In a recent high value judgment granted in favour of the Standard Bank of South Africa Limited ("SBSA"), the Johannesburg High Court provided important clarity on the post-rescue...

On 21 September 2012 National Treasury ("Treasury") released two technical discussion papers on promoting household savings and retirement reform.

The Prudential Authority ("PA") and the Financial Sector Conduct Authority ("FSCA") ("Authorities") published the Draft Joint Standard – Minimum requirements for the Recovery Plans of Market Infrastructures...

ARB'S policy proposals in respect of Open Banking In November 2020, the National Payment System Department of the South African Reserve Bank ("SARB") issued its "Consultation paper on open-banking activities in the national payment system" ("SARB Paper").