Western Cape High Court Declares NSFAS Payment Contracts Invalid
Business Rescue Practitioners: Licence Suspension and Revocation Grounds Gazetted
FICA Control Regulations Amended to Introduce Cross-Border Tracing Mechanisms
Public Comment Period Extended for Draft General Public Procurement Regulations
Pre-2009 Qualifications Remain Valid Under NQF Transitional Directive
Government details transitional arrangements for NQF qualifications
CIPC Warns of Penalties for Compliance Checklist Non-Compliance
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The Department of Trade, Industry and Competition has withdrawn proposed draft amendments to regulations under the National Credit Act, No. 34 of 2005, to allow for further stakeholder consultation.
The Independent Regulatory Board for Auditors (IRBA) has issued a new guideline to assist the Enforcement and Disciplinary Committees in determining appropriate monetary fines for Registered Auditors found guilty of improper conduct. The Department of Trade, Industry & Competition has gazetted a draft block exemption under the Competition Act, No. 89 of 1998, to support export promotion and mitigate tariff impacts.
The FSCA and SARB have released Joint Communication 2 of 2025, providing best practices for financial institutions on cloud computing and data offshoring.
The International Ethics Standards Board for Accountants (IESBA) has released a staff alert detailing the ethics and independence obligations for accounting firms undergoing private equity investment. The Legal Practice Council has gazetted proposed amendments to the rules governing the filling of vacancies within provincial councils, specifically addressing by-election procedures. The Department of Trade, Industry & Competition has invited public comment on draft amendments to the regulations under the Liquor Act, No. 59 of 2003, which will impact the registration of manufacturers and distributors. The Department of Forestry, Fisheries & the Environment has published draft regulations to prohibit the production, sale, and distribution of plastic microbeads and products containing them. The Department of Agriculture, Land Reform & Rural Development has published draft regulations under the Communal Property Associations Act, No. 28 of 1996, with the comment period extended to 16 November 2025. The International Ethics Standards Board for Accountants (IESBA) has issued a list of specific prohibitions for Public Interest Entities (PIEs) under the International Ethics Standards for Sustainability Assurance (IESSA). The International Ethics Standards Board for Accountants (IESBA) has issued a staff publication comparing the International Ethics Standards for Sustainability Assurance (IESSA) with the existing IESBA Code of Ethics to support practitioners in sustainability assurance engagements. The Prudential Authority has released a draft directive under the Banks Act, No. 94 of 1990, outlining new requirements for board independence and the appointment of independent non-executive directors as committee chairs. Cabinet has approved the removal of the Repeal of South African Airways (SAA) SOC Limited Bill from Parliament following the collapse of negotiations for a strategic equity partnership.
The IFRS Foundation has published new implementation guidance for climate-related transition plan disclosures under IFRS S2. The Department of Basic Education has published two sets of draft regulations regarding learner admissions and school infrastructure capacity, with the public comment period extended to 5 January 2026.
The National Treasury and the Financial Intelligence Centre (FIC) have confirmed the completion of the Financial Action Task Force (FATF) on-site assessment, a final step before the October 2025 decision on South Africa’s greylisting status.
The National Treasury has released the draft Accounting Manuals for Departments (AMD) for the 2025/26 financial year for public comment. The National Treasury has released proposed amendments to Annexure 5 of the Annual Financial Statements template for government departments for public comment. The FSCA, PA, and National Treasury have released new directives and strategies concerning cloud computing risk mitigation and disaster response financing frameworks. A draft Constitution Amendment Bill has been gazetted for public comment, proposing to bar individuals removed from office for misconduct from serving in legislative bodies. Presidential proclamations and implementing regulations for the AARTO Act and its 2019 Amendment Act have been withdrawn, suspending the planned national rollout. The Department of Forestry, Fisheries & the Environment has published draft regulations and technical guidelines for greenhouse gas carbon budgeting and emissions mitigation planning under the Climate Change Act, No. 22 of 2024.
The International Accounting Standards Board has released a revised Practice Statement to align management commentary with global sustainability reporting and investor needs. The International Accounting Standards Board has issued a Request for Information as part of its Post-Implementation Review of IFRS 16 (Leases). National Treasury has released the 2026 Medium Term Expenditure Framework (MTEF) Technical Guidelines, introducing a new mechanism for identifying and removing underperforming programmes.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.
