Constitutional Court’s ruling in tax dispute a relief for SA multinationals

Coronation Fund Managers on Friday withdrew its cautionary announcement to shareholders after the Constitutional Court ruled in its favour in its tax dispute with the South African Revenue Service (SARS).

The article gives the history and a fairly comprehensive summary of the court case as it unfolded. 8min read

Summarised responses to the FSCA’s Discussion Paper on a Framework for Unclaimed Financial Assets in South Africa.

In 2022, the Financial Sector Conduct Authority (FSCA) published the Discussion Paper on a Framework for Unclaimed Financial Assets in South Africa (the Discussion Paper) and invited public comment on it.

The two legal notes below summarise the comments received, set out the FSCA’s response to key themes, and outline the FSCA’s next steps for advancing the recommendations outlined in the Discussion Paper.

Legal note: May 2024 (part 1) – a framework for unclaimed financial assets in South Africa

6min read

Legal note: June 2024 (part 2) – a framework for unclaimed financial assets in South Africa

6min read

For the full version you can access the FSCA’s report here