Be aware of the regulations that apply to the carriage of dangerous goods and follow them to the letter. Don’t take short–cuts.
Continue readingSouth Africa: The Carriage of Dangerous Goods – how to avoid disaster
South Africa: Intrusive focus on politically exposed persons
PEPs occupy positions that can be abused for committing money-laundering offences and activities related to terrorist financing.
Continue readingSouth Africa: Ship auctions – what you need to know
Bowmans Durban hosted the auctions of two sister vessels and the sale of these two bulk carriers was ordered by the Durban High Court.
Continue readingSouth Africa: The Banking (Amendment) Act, 2016 (the Act)
The Act provides that banks shall not charge more than “four per cent (4%) the base rate set and published by the Central Bank of Kenya.
Continue readingSouth Africa: Amendment of the Notice on Qualifications, Experience and Criteria for Approval as Compliance Officer
In terms of the Amendment Notice, compliance officers are now required to pass the existing Level 1 regulatory examinations.
Continue readingSouth Africa: The role of a legal practitioner in a mediation process
The legal practitioner may assist in drafting the terms of reference of the meditation and preparing the reading material for the mediator.
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