Shareholder Protection under the Companies Act 71 of 2008
The Companies Act 71 of 2008 (“the Act”) introduced significant reforms aimed at enhancing shareholder protection in South Africa. These protections are crucial for maintaining investor confidence and fostering a stable economic environment.
Enforcement of company beneficial ownership filings and securities registers by CIPC
The General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022 (the “Act”) has made several changes to the beneficial ownership framework of companies and trusts. The intention of these changes is to aid in preventing fraud and corruption in South Africa.
Understanding Curatorship in South Africa: An overview
In South Africa’s legal framework, curatorship serves as a vital mechanism for safeguarding the interests of individuals who are incapable of managing their own affairs due for various reasons.