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KZN Treasury Allocates R17m to Curb Municipal MFMA Non-Compliance

Posted 9 June 2026

The KwaZulu-Natal Provincial Treasury has redirected R17 million in departmental savings to strengthen supply chain management and enforce compliance with the Municipal Finance Management Act, No. 56 of 2003, targeting rising irregular expenditure.

ISSB Proposes Amendments to SASB Standards and IFRS S2 Guidance

Posted 9 June 2026

The International Sustainability Standards Board (ISSB) has published an Exposure Draft proposing amendments to the SASB Standards and IFRS S2 industry-based guidance to maintain alignment and improve cost-effectiveness for preparers.

Re-engineering SA Legal Practice: Balancing Profitability and Compliance

Posted 9 June 2026

South African legal practitioners must balance commercial sustainability with strict regulatory compliance under the Legal Practice Act, No. 28 of 2014, particularly regarding trust account administration and mandate letters.

Financial Sector Levies Act: Draft Amendments to Schedules 2 and 5 Published for Comment

Posted 8 June 2026

National Treasury has published proposed amendments to Schedules 2 and 5 of the Financial Sector and Deposit Insurance Levies Act, No. 11 of 2022, for public comment by 8 July 2026.