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Corporate Governance
Advice and support regarding regulatory compliance, corporate governance, risk assessment, decision-making, company secretarial functions, policies and procedures, training, and the drafting of opinions and documentation.
Team
Insights
Storm warning for accountable institutions without an updated RMCP
06 May 2025
The storm has passed—but the damage may be just beginning. With the deadline for submitting updated RMCPs now behind us,
...
accountable institutions that failed to comply could be in the FIC’s crosshairs.
show more
READ MORE
127
Article
Deregistration looms for non-compliant companies
24 July 2024
The recent ruling of Goosen v Minister of Trade and Industry and Others (EL 639/2024) [2024] ZAECELLC 28 highlights the
...
critical duty companies have to file annual returns with the Companies and Intellectual Property Commission (CIPC) and the significance of the procedures companies must follow to reinstate a deregistered company.
show more
READ MORE
537
Article
The latest developments in respect of the new Anti-money Laundering Legislation
04 October 2023
In this article, we provide an important update to trustees and company directors on the latest developments in respect of
...
the newly introduced beneficial ownership reporting for trusts and companies as introduced by the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022 (“Amendment Act”) whi
show more
READ MORE
552
Article
Trusts: Majority rules, or unanimity triumphs?
27 July 2023
Everyone is familiar with the term ‘majority rules’ and generally when applied it means that the decision of the majority
...
sticks and is valid. The question that arose in the recent case of Shepstone & Wylie Attorneys v Abraham Johannes de Witt N.O. and Others [2023] ZASCA 74 was whether the majority decision by the trustees
show more
READ MORE
634
Article
New registration requirements for non-profit organisations
13 June 2023
How does the recently passed General Laws (Anti-money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022 (“Amendment Act”)
...
affect the proposed Nonprofit Organisation Amendment Bill of 2021 (“NPO Bill”) and what does it mean for non-profit organisations (“NPOs”)?
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1343
Article
How big is the Financial Intelligence Centre bite?
13 June 2023
More and more accountable institutions are being targeted by the Financial Intelligence Centre (“FIC”) for failing to comply with their
...
duties under the Financial Intelligence Centre Act 38 of 2001 (“FIC Act”). But what can happen if you don’t comply?
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1030
Article
Who may access the financial statements of a private company?
10 January 2023
It is often thought that the financial statements of a private company are like the name implies ‘private’. But how
...
private is this ‘private’ and who has right of access to such financial information?
show more
READ MORE
3811
Article
When must a director disclose a financial interest?
08 February 2022
Being a director in a company does not necessarily stop you from holding shares in other companies. However, should your
...
company transact with another company in which you have a shareholding stake and from which you could potentially benefit, it becomes important that you disclose such financial interest to your co-directors, even if you can&rsquo
show more
READ MORE
1083
Article
Storm warning for accountable institutions without an updated RMCP
06 May 2025
The storm has passed—but the damage may be just beginning. With the deadline for submitting updated RMCPs now behind us,
...
accountable institutions that failed to comply could be in the FIC’s crosshairs.
show more
READ MORE
127
Article
Deregistration looms for non-compliant companies
24 July 2024
The recent ruling of Goosen v Minister of Trade and Industry and Others (EL 639/2024) [2024] ZAECELLC 28 highlights the
...
critical duty companies have to file annual returns with the Companies and Intellectual Property Commission (CIPC) and the significance of the procedures companies must follow to reinstate a deregistered company.
show more
READ MORE
537
Article
The latest developments in respect of the new Anti-money Laundering Legislation
28 August 2023
In this article, we provide an important update to trustees and company directors on the latest developments in respect of
...
the newly introduced beneficial ownership reporting for trusts and companies as introduced by the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022 (“Amendment Act”) which came into full effect on 1 April 2023 and affects all trusts and companies in South Africa.
show more
READ MORE
552
Article
Trusts: Majority rules, or unanimity triumphs?
27 July 2023
Everyone is familiar with the term ‘majority rules’ and generally when applied it means that the decision of the majority
...
sticks and is valid. The question that arose in the recent case of Shepstone & Wylie Attorneys v Abraham Johannes de Witt N.O. and Others [2023] ZASCA 74 was whether the majority decision by the trustees of a trust needed a resolution signed by all the trustees to be valid. In this article we take a look at the decision and what it potentially means for the law of trusts in South Africa.
show more
READ MORE
634
Article
New registration requirements for non-profit organisations
13 June 2023
How does the recently passed General Laws (Anti-money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022 (“Amendment Act”)
...
affect the proposed Nonprofit Organisation Amendment Bill of 2021 (“NPO Bill”) and what does it mean for non-profit organisations (“NPOs”)?
show more
READ MORE
1343
Article
Who may access the financial statements of a private company?
10 January 2023
It is often thought that the financial statements of a private company are like the name implies ‘private’. But how
...
private is this ‘private’ and who has right of access to such financial information?
show more
READ MORE
3811
Article
When must a director disclose a financial interest?
08 February 2022
Being a director in a company does not necessarily stop you from holding shares in other companies. However, should your
...
company transact with another company in which you have a shareholding stake and from which you could potentially benefit, it becomes important that you disclose such financial interest to your co-directors, even if you can’t influence the transaction.
show more
READ MORE
1083
Article
Companies Act Amendment Bill – less red tape or more?
14 December 2021
I understand there are amendments being proposed to the Companies Act? Will this help make life easier or harder for
...
our company? It feels as if there is always just more red tape whenever the law changes.
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1019
Article
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Featured Insights
90 - DAY PENALTY CLAUSES IN BONDS
12 June 2025,
Salomé van Wyk
Whenever you sell your house and are required to cancel the existing bond, you must remember that the standard home
...
loan agreement has a clause reading something like the following:
show more
READ MORE
17
Article
Can a minor inherit a house or farm?
03 June 2025
Parents and other family members often bequeath immovable property to their children or grandchildren. But what is the position when
...
the testator dies and the person standing to inherit is still a minor? Can they inherit? In this article, we look at how this position is dealt with in our law.
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17
Article
“Running” into trouble: pedestrian rights matter
03 June 2025
Think you're safe sprinting through a public race? A recent court ruling says otherwise. Find out how one runner's collision
...
turned into a costly legal lesson—and what it means for every athlete on public routes.
show more
READ MORE
23
Article
90 - DAY PENALTY CLAUSES IN BONDS
12 June 2025,
Salomé van Wyk
Whenever you sell your house and are required to cancel the existing bond, you must remember that the standard home
...
loan agreement has a clause reading something like the following:
show more
READ MORE
17
Article
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