FATF 2
Alison Lee

Alison Lee

GAZETTE WATCH WEEKLY REGULATORY MOVEMENT REPORT Covering 19 – 29 September 2023

Please see below the latest happenings.

 

GAZETTE HIGHLIGHTS

 

 

  • Customs and Excise Act: Amendment to Part 2 of Schedule No. 5 (No. 5/2/123)
  • Customs and Excise Act: Amendment to Part 1 of Schedule No. 1 (No. 1/1/1898)
  • Customs and Excise Act: Amendment to Part 2 of Schedule No. 4 (No. 4/2/387)
  • Customs and Excise Act: Amendment to Schedule No. 5 (No. 5/122)
  • Customs and Excise Act: Amendment to Part 2 of Schedule No. 4 (No. 4/2/388)
  • Customs and Excise Act: Amendment to Part 1 of Schedule No. 2 (No. 2/1/74)
  • Customs and Excise Act: Amendment to Part 4 of Schedule No. 5 (No. 5/4/124)
  • Customs and Excise Act: Amendment to Part 1 of Schedule No. 3 (No. 3/1/750)
  • Customs and Excise Act: Amendment to Part 2 of Schedule No. 4 (No. 4/2/389)
  • National Environmental Management: Waste Act Strategy for Reducing Food Losses and Waste:
  • International Trade Administration Act: Introduction of an import permit condition
  • Pharmacy Act: Guidelines for Work-Based Learning (WBL)
  • Pharmacy Act: Rules relating to Good Pharmacy Practice
  • Pharmacy Act: Rules relating to Good Pharmacy Practice: Comments invited
  • Standards Act: Standards matters

 

 

 B-BBEE

 

 

An important judgment on the time bar in relation to B-BBEE regulations

 

In Interwaste (Pty) Ltd and others v Broad-based Black Economic Empowerment and others, the Pretoria High Court dealt with an application to review and set aside the final findings of the Broad-Based Black Economic Empowerment Commission (the “Commission”).

 

COMPANIES

 

 

Recent amendments to South Africa’s non-profit organisation legislation in response to the FATF greylisting

 

In 2021, the Financial Action Task Force (FATF) released its Mutual Evaluation Report of South Africa, which summarised the effectiveness of South Africa’s anti-money laundering and counter-terrorism financing measures.

 

 

INSURANCE

 

 

SPRING TIDE/STORM SURGE IN THE COAST: LIKELY IMPACT ON INSURANCE POLICIES

 

The news that dominated the headlines this past weekend, 15 – 17 September 2023, was the storm surge incidents that swept across three coastal provinces – the Western Cape, Eastern Cape, and KwaZulu-Natal. Mainstream media and social media alike were abuzz with the news.

 

PAIA

 

 

The publication of information by the Auditor General in terms of PAIA

 

In the High Court judgment of Sakeliga NPC v The Auditor-General South Africa (36297/2022) [2023] ZAGPPHC 501 (30 June 2023) penned by Swanepoel J, various determinations were made with regard to the Promotion of Access to Information Act 2 of 2000 (“PAIA”).

 

 

Should you like to receive more detailed reports, please contact us directly for further information.

 

mailto:info@compliancetools.co.za

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email