September 19, 2022

New ‘delete for everyone’ function brings about legal liability

The new update to WhatsApp began rolling out to users on 1 September 2022, giving group admins more power and control over the content being shared on various platforms. More specifically, the update – once activated – enables group administrators to delete messages sent. The new ‘delete for all’ function was previously only available to …

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Employer Interim Reconciliation submission is from 19 September to 31 October 2022

16 September 2022   This Year, The Employer Interim Reconciliation Declaration (EMP501) Submission Period Opens On 19 September 2022 And Closes On 31 October 2022. Employers Are Required To Reconcile Their Monthly Employer Declarations (EMP201) For The First Six Months Of A Reconciliation Year (1 March 2022 To 31 August 2022). These Reconciliations Are Based …

Employer Interim Reconciliation submission is from 19 September to 31 October 2022

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Greylisting by FATF is a real threat for South Africa

South Africa is on the verge of being greylisted by the Financial Action Task Force (FATF). FATF is the global money-laundering and terrorist financing watchdog, responsible to set international standards and assess technical compliance. It also assesses the effectiveness of frameworks put in place, for instance, whether prosecutions have taken place for money laundering or …

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Notice 26 of 2022: CIPC errors due to Home Affairs system downtime

13 September 2022 CIPC issued a Notice to Customers regarding errors that might occur due to The Department of Home Affairs systems downtime. The downtime affects various CIPC processes which are linked to it for verification purposes. The downtime may affect the following services: Customer Registration Password reset New Company registration BBBEE applications Director amendments …

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International Support for New Assurance Standards on Sustainability-Related Information

15 September 2022 The International Auditing and Assurance Standards Board (IAASB) and International Ethics Standards Board for Accountants (IESBA) welcomed new international support for developing standards relating to assurance of sustainability-related information.  Stakeholders are increasingly seeking assurance of sustainability-related information and that it is important to respond to market demands with robust standards applicable to …

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African ministers call for early adoption of environmental and sustainability standards

13 September 2022 At the second edition of the Egypt International Cooperation Forum in Cairo, Egypt, African ministers, and senior government officials call for early adoption of environmental and sustainability Standards by African jurisdictions and companies. The communique also encourages the ISSB to work closely with African stakeholders and to provide strong advisory and capacity …

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