by VDT Attorneys | Aug 5, 2025 | Arranger, Insurance dispute, Insurance intermediary, Underwriter
The role of the Underwriter Underwriters are professionals whose duties include, but are not limited to, assessing the risk associated with offering insurance to an individual or a business. To make this decision, they review information such as the applicant’s...
by VDT Attorneys | Aug 5, 2025 | Boardroom ethics, Conflict of interest, Corporate governance, Director accountability, Director duties, Shareholder protection
As a point of departure, we first examine how the Companies Act 71 of 2008 (Companies Act) defines the term director and what duties are imposed on directors.“Director” means a member of the board of a company, as contemplated in section 66, or an alternate director...
by VDT Attorneys | Aug 5, 2025 | Crypto, Crypto assets, Crypto currencies, SARB, Tax
Exchange control in South Africa is primarily governed by the Exchange Control Regulations (the “Excon Regulations”), issued under the Currency and Exchanges Act 9 of 1933. These regulations prohibit the export of capital, such as financial assets and investments, or...
by VDT Attorneys | Aug 5, 2025 | Beetle Certificate of Compliance, Buying property, Certificate of compliance, Electric Fence System Certificate of Compliance, Electrical Certificate of Compliance, Gas Certificate of Compliance, Selling Property, Water Certificate of Compliance
A COC is an official document issued by a qualified professional, confirming that a specific aspect of a property adheres to relevant safety and legal standards. Such certificates are designed to protect buyers, sellers, and the wider community by ensuring properties...
by VDT Attorneys | Aug 4, 2025 | Code of Good Practice on Dismissal, Department of Employment and Labour, Dismissal, Incapacity, Probation periods, Retrenchments
The Department of Employment and Labour published a Draft Code of Good Practice on Dismissal (“Draft Code”) in January 2025 for public comment. The purpose of the Draft Code is to provide clearer guidance on dismissals relating to misconduct, incapacity and...