South Africa

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ImageTitle/DescriptionArticle Date 
 

Insurance Group Supervision

The Financial Services Board (FSB) has the requirements that ware going to be included in the Insurance Laws Amendment Bill (ILAB).
Modified date: 2014/10/30
Regulatory update
 

BN114 of 2014 vs Insurance Law Amendment Bill

The Registrars of Long-term Insurance and Short-term Insurance recently published Board Notice 114 of 2014 (BN 114) for comment.
Modified date: 2014/10/30
Regulatory update
 

Medium-Term Budget Policy Statement discussion on Classic FM

Deborah Tickle, KPMG Director in Global International Corporate Tax and Transfer Pricing Services joins a ClassicFM panel discussion about the 2014 The Medium-Term Budget policy statement issued on 28 October by Minister of Finance Mr Nhlanhla Nene.
Modified date: 2014/10/30
Audio
 

Important changes to section 23M of the Income Tax Act (ITA)

The Taxation Laws Amendment Bill (TLAB), tabled in parliament on 22 October 2014, contains welcome changes to the provisions of section 23M of the Income Tax Act (ITA), due to come into operation on 1 January 2015.
Modified date: 2014/10/28
Regulatory update
 

Overhaul of retirement reform loses momentum

The Treasury’s delay in implementing retirement reform has been met with dismay by some industry players, who view the proposed changes as crucial to improving SA’s low savings rate.
Modified date: 2014/10/28
Business and industry issue
 

Highlights of the results of the ECB Comprehensive Assessment

On 26 October 2014, the European Central Bank (ECB) announced the results of its Comprehensive Assessment of the 130 largest banks in the Eurozone.
Modified date: 2014/10/27
Regulatory update
 

DealSpace: East Africa

KPMG's quarterly newsletter, Dealspace, provides insights on recent trends and expected developments in M&A and investment activities across Africa.
Modified date: 2014/10/24
Business and industry issue
 

Retirement reforms postponement, what next?

On 16 October 2014, National Treasury announced, through a Media Statement, the postponement of phase 1 to March 2016, possibly even March 2017.
Modified date: 2014/10/24
Regulatory update
 

Transport sector is a vehicle for growth in SA’s economy

Road and rail networks are the backbone of any economy, however, they are also one of the most important assets in terms of sheer monetary value.
Modified date: 2014/10/21
Press release
 

SAM - analysis of the recent FSB update letter

In April 2014 the Financial Services Board (“FSB”) released its Solvency Assessment and Management (“SAM”) update letter.
Modified date: 2014/10/20
Business and industry issue
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