South Africa

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ImageTitle/DescriptionArticle Date 
 

Violence against women costs the country R28.4 billion

Gender-based violence (GBV), and in particular violence against women, has increasingly made headlines across the world in the recent year.
Modified date: 2014/09/17
Press release
 

Significant changes to regulations concerning global mobility professionals

South African Immigration Regulations, published in a the Government Gazette on 26 May 2014, introduce a significant amount of change and global mobility professionals dealing with immigration matters.
Modified date: 2014/09/17
Press release
 

The Implications of Recovery and Resolution Plans

Developing Recovery and Resolution Plans (RRPs) requires management to look at the business in a new and strategic way, assessing the priorities and practicalities which must be addressed both now and should an RRP be triggered.
Modified date: 2014/09/16
Business and industry issue
 

Africa Regulatory Center of Excellence

KPMG’s Financial Services Regulatory Centers of Excellence, our firms' leading global regulatory experts, can provide insights into the implications of the raft of regulatory change and the direction of developments around the world.
Modified date: 2014/09/16
Regulatory update
 

2014 African CFO Survey

African CFOs, much like their global counterparts, are generally satisfied with the performance of their finance function. These are the findings of the Africa CFO survey, a first for the continent.
Modified date: 2014/09/16
Survey report
 

Foreign Accounts Tax Compliance Act (“FATCA”) in South Africa

South Africa signed an Intergovernmental Agreement for FATCA compliance with the U.S on 9 June 2014 (“SA IGA”), making South Africa an IGA Jurisdiction.
Modified date: 2014/09/15
Regulatory update
 

Leverage Ratio

The Leverage Ratio (“LCR”) was introduced with the implementation of Basel III and subsequently the South African Reserve Bank (“SARB”) implemented the Basel III regulations from December 2012.
Modified date: 2014/09/15
Regulatory update
 

Liquidity Coverage Ratio (LCR)

The South African Reserve Bank (“SARB”) implemented Liquidity Coverage Ratio (“LCR”) which were introduced with the implementation of Basel III from December 2012.
Modified date: 2014/09/15
Regulatory update
 

National Credit Act (NCA)

The National Credit Act (“NCA”) entered into effect on 1 June 2007. The NCA serves to codify a comprehensive set of basic rights and protections for consumers (as defined) in credit arrangements.
Modified date: 2014/09/15
Regulatory update
 

Exchange Control

Although South Africa has had exchange control since 1939, the current governing legislation is set out in the Exchange Control Regulations “Regulations” promulgated in 1961 in terms of the Currency and Exchanges Act, 1933 “the Act”.
Modified date: 2014/09/15
Regulatory update
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