by VDT Attorneys | Mar 22, 2023 | Amendment Act, Beneficial Ownership, Company, Compliance, Money Laundering
In this article we take a look at amendments to the Companies Act 71 of 2008 which introduces new disclosure requirements. These amendments have been introduced by the recently passed General Laws (Anti-Money Laundering and Combatting of Terrorism Financing) Amendment...
by VDT Attorneys | Mar 9, 2023 | Agreement, Customary marriage, Family Law, Legal Update, Marriage
The study noted how, despite the number of marriages entered having increased since the Covid-19 lockdown period, there is still a decline in the solemnisation of marriages with the highest number of marriages having been concluded in 2012. At present, there have been...
by VDT Attorneys | Mar 6, 2023 | Amendment, Amendment Act, CIPC, Company, Compliance, Money Laundering
If one considers the new General Laws (Anti-Money Laundering and Combatting of Terrorism Financing) Amendment Act 22 of 2022 (“Amendment Act”) signed into law late in December 2022 and the measures aimed at South African companies, it can safely be deduced that our...
by VDT Attorneys | Feb 28, 2023 | Home owner, Home Owners Association, Penalties, Sectional Title
When living in an estate, whether it be a sectional title scheme or homeowners’ association, a fact one must reconcile yourself with is that estates have rules and regulations that govern the functioning of the estate and are intended to provide a fair and regulated...
by VDT Attorneys | Feb 28, 2023 | Amendment Act, Companies Act, Company, Compliance, Corporate, Grey listing, Money Laundering, Trust
The Financial Action Task Force (“FATF”) periodically assesses nations and the effectiveness of their financial intelligence regulatory frameworks and controls to prevent money laundering, the illicit flow of money and terrorism financing. When serious deficiencies in...
