Mangi Malada
Assosiate | Cape Town
Contact
T: +27 11 669 9683
E: mangi.malada@bowmanslaw.com
Overview
As a member of the Financial Services Regulatory team, Mangi advises clients on a broad spectrum of financial regulatory laws applicable in South Africa, including the Financial Sector Regulation Act, 2017; the Financial Advisory and Intermediary Services Act, 2002; the Collective Investment Schemes Control Act, 2002; the Banks Act, 1990; the Insurance Act, 2017; the Long-Term Insurance Act, 1998, the Short-Term Insurance Act, 1998, the Financial Intelligence Centre Act, 2001; the National Payment System Act, 1998; and the National Credit Act, 2005; (along with the regulations to and host of subordinate legislation promulgated under this legislation). She also advises clients in relation to the Conduct of Financial Institutions Bill.
Her work involves providing strategic guidance to both local and foreign clients operating in the financial sector, including financial services providers, collective investment schemes, banks, insurers, credit providers, and OTC Derivative providers, among other regulated entities.
In addition to her advisory role, Mangi assists with litigious matters and supports clients in obtaining licences, exemptions, and approvals from the relevant regulatory authorities.
Mangi also advises on anti-money laundering and counter-terrorist financing laws and regulations applicable in South Africa.
Experience
* Indicates experience gained prior to joining Bowmans.
Mangi has experience advising local and international clients across a broad range of financial services, regulatory, payments, and market conduct matters, with a particular focus on licensing, regulatory compliance, and emerging financial products.
Mangi has advised:
- Various local and foreign entities obtain authorisation or exemptions (where relevant) from the Financial Sector Conduct Authority, in accordance with the requirement to be licensed as a financial services provider in terms of the Financial Advisory and Intermediary Services Act, 2002
- Mastercard, and other participants in the payments system, on a wide range of payments‑related matters from a regulatory and legal perspective
- Various entities that are deemed accountable institutions for purposes of the Financial Intelligence Centre Act, 2001, on their duties and obligations as accountable institutions, including the drafting and review of Risk Management and Compliance Programmes
- Financial services regulatory due diligence exercises
- On matters relating to cryptocurrency and its regulation in South Africa
- On matters relating to the JSE Rules and Directives.
- On insider trading and market abuse matters regulated and prohibited by the Financial Markets Act, 19 of 2012
- On credit provision in South Africa in accordance with the National Credit Act, 2005
- Clients on a broad range of regulatory matters, including the application of the ‘significant owner’ framework to eligible financial institutions and other financial institutions
AREA OF EXPERTISE
Qualifications
- Bachelor of Law (cum laude), University of Cape Town.
Overview
As a member of the Financial Services Regulatory team, Mangi advises clients on a broad spectrum of financial regulatory laws applicable in South Africa, including the Financial Sector Regulation Act, 2017; the Financial Advisory and Intermediary Services Act, 2002; the Collective Investment Schemes Control Act, 2002; the Banks Act, 1990; the Insurance Act, 2017; the Long-Term Insurance Act, 1998, the Short-Term Insurance Act, 1998, the Financial Intelligence Centre Act, 2001; the National Payment System Act, 1998; and the National Credit Act, 2005; (along with the regulations to and host of subordinate legislation promulgated under this legislation). She also advises clients in relation to the Conduct of Financial Institutions Bill.
Her work involves providing strategic guidance to both local and foreign clients operating in the financial sector, including financial services providers, collective investment schemes, banks, insurers, credit providers, and OTC Derivative providers, among other regulated entities.
In addition to her advisory role, Mangi assists with litigious matters and supports clients in obtaining licences, exemptions, and approvals from the relevant regulatory authorities.
Mangi also advises on anti-money laundering and counter-terrorist financing laws and regulations applicable in South Africa.
Experience
* Indicates experience gained prior to joining Bowmans.
Mangi has experience advising local and international clients across a broad range of financial services, regulatory, payments, and market conduct matters, with a particular focus on licensing, regulatory compliance, and emerging financial products.
Mangi has advised:
- Various local and foreign entities obtain authorisation or exemptions (where relevant) from the Financial Sector Conduct Authority, in accordance with the requirement to be licensed as a financial services provider in terms of the Financial Advisory and Intermediary Services Act, 2002
- Mastercard, and other participants in the payments system, on a wide range of payments‑related matters from a regulatory and legal perspective
- Various entities that are deemed accountable institutions for purposes of the Financial Intelligence Centre Act, 2001, on their duties and obligations as accountable institutions, including the drafting and review of Risk Management and Compliance Programmes
- Financial services regulatory due diligence exercises
- On matters relating to cryptocurrency and its regulation in South Africa
- On matters relating to the JSE Rules and Directives.
- On insider trading and market abuse matters regulated and prohibited by the Financial Markets Act, 19 of 2012
- On credit provision in South Africa in accordance with the National Credit Act, 2005
- Clients on a broad range of regulatory matters, including the application of the ‘significant owner’ framework to eligible financial institutions and other financial institutions
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