FIC to Upgrade goAML Platform for Accountable Institutions

Posted 03 September 2025

The Financial Intelligence Centre has announced a significant technical upgrade to the goAML platform, effective 15 September 2025, to enhance reporting and compliance capabilities.

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SARB Issues Fourth Variation Notice for Postbank Clearing Status

Posted 02 September 2025

The South African Reserve Bank has issued a fourth variation notice concerning Postbank’s status as a designated clearing system participant, impacting the distribution of SASSA social grants.

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FIC: Daily Monitoring of goAML Message Board Mandatory for Accountable Institutions

Posted 02 September 2025

The Financial Intelligence Centre (FIC) has issued a notice requiring all accountable institutions to monitor the goAML message board daily to ensure timeous receipt of regulatory instructions and advisories.

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Parliamentary and Provincial Medical Aid Scheme Amendment Bill Tabled

Posted 01 September 2025

The Parliamentary and Provincial Medical Aid Scheme Amendment Bill, 2025, has been tabled in Parliament, seeking to end compulsory membership for public office bearers in the Parmed Medical Aid Scheme.

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CIPC Notice on Deregistered Entities Continuing to Trade

Posted 01 September 2025

The Companies and Intellectual Property Commission (CIPC) has issued a notice addressing the legal status and liabilities of entities that continue to operate despite being deregistered for failing to file annual returns.

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Madlanga Commission of Inquiry: Postponement of Hearings and Procurement Delays

Posted 31 August 2025

The Madlanga Commission of Inquiry into the criminal justice system has postponed its hearings, originally scheduled for 1 September 2025, due to procurement delays and non-compliance with the Public Finance Management Act.

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Parliament Update: Status of Bills and Tobacco Control Bill Progress

Posted 31 August 2025

As of 31 August 2025, 34 Bills remain under consideration by Parliament, with recent activity focused on the Tobacco Products & Electronic Delivery Systems Control Bill.

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Public Comment Opportunities: September 2025 Legislative Proposals

Posted 31 August 2025

National government has identified several key legislative proposals and draft regulations open for public comment during September 2025 and beyond.

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South African Language Practitioners’ Council Act, 2014, now in force

Posted 29 August 2025

The South African Language Practitioners’ Council Act, No. 8 of 2014, has been operationalised by presidential proclamation, establishing the Council as a juristic person.

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IPID Amendment Act 2024: Commencement of Most Sections

Posted 29 August 2025

Most sections of the Independent Police Investigative Directorate Amendment Act, No. 4 of 2024, have come into operation via presidential proclamation, excluding specific appointment-related provisions.

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Public Service Commission Bill: NCOP Call for Submissions

Posted 29 August 2025

The National Council of Provinces has re-issued a call for written submissions on the Public Service Commission Bill [B16B-2023], with a final deadline of 17 October 2025.

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Tobacco Products & Electronic Delivery System Control Bill: Public Hearings Concluded

Posted 29 August 2025

The National Assembly’s Portfolio Committee on Health has concluded the public hearing phase for the Tobacco Products & Electronic Delivery System Control Bill, marking a significant step toward the repeal of the Tobacco Products Control Act, No. 83 of 1993.

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Draft Amendments to NEMAQA Listed Activities and Emission Standards

Posted 29 August 2025

The Department of Forestry, Fisheries & the Environment is seeking public comment on proposed amendments to the list of activities that result in atmospheric emissions under the National Environmental Management: Air Quality Act, No. 39 of 2004.

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Waste Management: New E-Waste Policy and Food Loss Strategy Gazetted

Posted 29 August 2025

The Department of Forestry, Fisheries and the Environment has finalized and gazetted the National Policy on the Management of Waste Electrical and Electronic Equipment and the Food Loss and Waste Reduction Strategy.

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National Treasury Releases 2025 Draft Tax Bills and Regulations for Comment

Posted 29 August 2025

National Treasury and SARS have published the 2025 Draft Tax Bills and Regulations for public comment, covering proposals from the 2025 Budget.

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Offshore Ship-to-Ship Transfer Regulations Gazetted

Posted 28 August 2025

The Department of Forestry, Fisheries & the Environment has published regulations governing offshore ship-to-ship transfers under the National Environmental Management: Integrated Coastal Management Act, 2008.

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IASB Issues Amendments to IFRS 19 Disclosure Requirements

Posted 28 August 2025

The International Accounting Standards Board (IASB) has issued amendments to IFRS 19, Subsidiaries without Public Accountability: Disclosures, to incorporate reduced disclosure requirements for standards issued between February 2021 and May 2024.

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SABC Bill: Parliamentary Committee Urges Finalisation Amid Delays

Posted 27 August 2025

The National Assembly Portfolio Committee on Communications and Digital Technologies has called for the urgent finalisation of the South African Broadcasting Corporation (SABC) SOC Ltd Bill, which remains in a state of procedural uncertainty.

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IFRS Foundation: Draft Examples for Reporting Uncertainties

Posted 27 August 2025

The IFRS Foundation has released a near-final staff draft providing illustrative examples on how to disclose uncertainties in financial statements, specifically focusing on climate-related risks.

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Accounting for Employee Benefits under IAS 19

Posted 27 August 2025

A summary of the regulatory requirements for the recognition, measurement, and disclosure of employee benefits as prescribed by International Accounting Standard 19 (IAS 19).

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SARS IT3(t) Submission Deadline for Trusts

Posted 26 August 2025

Trustees and entities handling distributions must submit IT3(t) returns to SARS by 30 September 2025 to comply with third-party data reporting requirements.

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FSCA Invites Comment on JSE Rule Amendments for CSD Naming Conventions

Posted 23 August 2025

The Financial Sector Conduct Authority (FSCA) has called for public input by 5 September 2025 on draft amendments to the Johannesburg Stock Exchange (JSE) rules regarding central securities depository (CSD) naming conventions.

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Agricultural Product Standards Amendment Act, 2023: Commencement

Posted 22 August 2025

The Agricultural Product Standards Amendment Act, No. 12 of 2023, has come into operation, introducing new auditing requirements and refining the definition of management control systems.

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Foreign Fishing Vessel Entry Regulations Gazetted

Posted 22 August 2025

The Department of Forestry, Fisheries & the Environment has gazetted new regulations governing the entry of foreign fishing vessels into South African waters, effective immediately.

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Occupational Health & Safety: Draft General Machinery Regulations

Posted 22 August 2025

The Department of Employment and Labour has published draft General Machinery Regulations under the Occupational Health and Safety Act, No. 85 of 1993, for public comment.

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