‘Financial stability’ is defined to mean that financial institutions must provide financial products and services in terms of the law.
Continue readingSouth Africa: The Reserve Bank’s new mandate
South Africa: Retirement funds take wait-and-see view of Crowdfunding Investments
The asset-spreading requirements of private retirement funds are governed by Regulation 28 to the Pension Funds Act.
Continue readingSouth Africa: Distributed Ledger Technology – a financial services perspective
Financial services industry participants have also taken comfort from the fact that SA regulators are actively engaged in the conversation.
Continue readingSouth Africa: Maritime Fraud – Revisiting the remarkable tale of the scuttling of the tanker ship “Salem”
South Africa and the Port of Durban happen to feature in what is arguably one of the most fascinating cases of maritime fraud in history.
Continue readingSouth Africa: Auction sales grow in popularity as an M&A tool
For mid-cap companies and above, auction sales have become a settled part of the international mergers & acquisitions (M&A) landscape.
Continue readingSouth Africa: Black economic empowerment in the petroleum and liquid fuels industry – alignment with the Broad-Based Black Economic Empowerment Act and Code
The Department of Energy has been engaging with the fuel industry, trade unions and other stakeholders to draw up a scorecard.
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