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  • Article

    International Funds Transfers Are Now Reportable

    Ensuring the safety and security of funds is a top priority for financial institutions worldwide. To this end, the South African Government has put in place various regulations to guide...
    South AfricaFinance and Banking
    ENS
    ENS
  • Article

    The Perils Of Using Funds That Do Not Belong To You

    The Kimberley High Court recently confirmed that an account holder who uses funds in a bank account that do not belong to them will be liable for the loss suffered.
    South AfricaFinance and Banking
    ENS
    ENS
  • Article

The Road Accident Fund's Exclusion Of Illegal Foreigners

The Road Accident Fund has a statutory obligation in terms of section 17(1) of the Road Accident Fund Act...
South AfricaFinance and Banking
Adams & Adams
Adams & Adams
  • Article

    The FSCA Ushers In A New Era For Pension Fund Administrators After 23 Years

    The Financial Sector Conduct Authority (FSCA) has published Conduct Standard 2 of 2025 (the 2025 Standard), setting out reformed conditions for pension fund benefit administrators under section 13B(1) of the Pension Funds Act, 1956.
    South AfricaFinance and Banking
    Webber Wentzel
    Webber Wentzel
  • Article

    No Shortcut Around The Clock: Tribunal Reaffirms Firm Stance On Condonation In Pension Fund Disputes

    In the recent decision of NN and OB Transport CC and Others v Transport Sector Retirement Fund and Others, the Financial Services Tribunal dismissed the employer's application...
    South AfricaEmployment and HR
    Adams & Adams
    Adams & Adams
  • Article

    Breaking The Bank: South Africa's Payment System Shake-up Welcomes Non-Bank Players

    The Banks Act 94 of 1990 (the "Banks Act") provides that only a licensed bank may conduct "the business of a bank" in South Africa.
    South AfricaFinance and Banking
    ENS
    ENS
  • Article

    Navigating The ‘Grey' Area

    The recent greylisting of South Africa by the Financial Action Task Force (FATF) underscores the need for diversification and the exploration of offshore jurisdictions for investments.
    GlobalFinance and Banking
    Jersey Finance Limited
    Jersey Finance Limited
  • Article

    Draft Payments Industry Documents Published For Public Comment

    In meeting its policy commitments and addressing the regulatory amendments required to implement the Payments Ecosystem Modernisation (PEM) Programme, the South African Reserve Bank (SARB) published two draft documents for public comment.
    South AfricaFinance and Banking
    Webber Wentzel
    Webber Wentzel
  • Showing 1–8 of 8 results

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