Articles2024-01-16T11:13:58+02:00
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Deadline for filing of securities registers looms!

By |25th April 2024|Commercial Law|

This quick newsflash is just to inform our corporate clients that all companies registered with the Companies and Intellectual Property Commission (CIPC) (each, a "Company") must file their securities registers (including details of beneficial owners) with the CIPC ("Disclosure Requirement")  by no later than 24 May 2024.

PAIA Manual – Do you have one, is it up to date and ready for inspection?

By |23rd November 2023|Privacy Law, Regulatory Law|

If you do have an existing PAIA Manual, ensure you merge the mandatory forms to your Manual. The forms can be downloaded on the Information Regulator’s website. Very important to remember - it is a criminal offence not to have a PAIA Manual if you are required to do so, and your entity may face fines for non-compliance. Should you not have a PAIA Manual, or if your PAIA Manual has not been updated in terms of the provisions of POPIA or with the mandatory PAIA forms, contact us to assist you.

Breaking down the new beneficial ownership reporting requirements for trusts

By |8th November 2023|Commercial Law, Trusts Law, Uncategorised|

The Amendment Act has introduced new trustee obligations into the existing South African trust law. The changes pertain to the recording and reporting of beneficial ownership of trusts. The aim of this recording is to improve transparency regarding the ownership of trust assets to assist in the combatting of a money laundering and terrorist financing.

Acting without authority: What you need to know before acting as a trustee.

By |7th November 2023|Commercial Law, Litigation, Trusts Law|

It is vital that a trustee is authorised by the Master before they exercise or undertake any trustee powers or duties. If this is not adhered to, these unauthorised acts are void and of no legal effect. This can place the trust, its beneficiaries and even the trustees themselves, depending on the circumstances, in a precarious position which could have financial or other adverse consequences.

Dismissals for Poor Work Performance – an Employer’s Guide.

By |17th October 2023|Labour Law|

Employers should ensure that probationary and non-probationary employees are, amongst other things, aware of the required performance standards applicable to their position, give employees necessary guidance, counselling, mentoring and training to ensure satisfactory service, and to allow reasonable time for employees to improve the standard of their work performance. It is imperative that employers ensure that any dismissals relating to poor work performance are fully compliant with the Act and the Code of Good Practice: Dismissal (and any other applicable labour legislation).

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