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Large fines show FSCA is focused on enforcement to leave the grey list – a red flag for non-compliant financial services providers as more fines likely

15th April 2024 Gone are the days of box-ticking. The FSCA has imposed penalties on financial services providers for non-compliance with FICA 

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Shifting gears and driving competition: Proposed changes to the Guidelines for Competition in the South African Automotive Aftermarkets

11th April 2024 The Competition Commission is proposing changes to its Guidelines for Competition in the South African Automotive Aftermarkets (“Guidelines“), and... 

Preeta Bhagattjee - Head of Technology & Innovation and Savanna Stephens - Senior Associate

The AI National Policy: South Africa’s initial step to establish an AI policy and regulatory framework

11th April 2024 At the AI Government Summit on 5 April 2024, the Department of Communications and Digital Technologies (“DCDT“) launched South Africa’s Artificial... 

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Regulator or Legislature?

7th March 2024 The Information Regulator (“Regulator“) issued its first Enforcement Notice regarding non-compliance with the direct marketing provisions of the... 

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South Africa’s Greylisting: Regulatory authorities make progress on the Financial Action Task Force recommendations

7th March 2024 It has been over a year since the Financial Action Task Force (“FATF“) announced that South Africa had been added to the FATF’s greylist for... 

Werksmans

Zambia introduces welcomed revisions in the Trade Marks Bill 2023

7th March 2024 Zambia’s Trade Mark Legislation is currently the Trade Marks Act (Chapter 401) 1958 (“TM Act”) and in 2023 the Trade Marks Bill 2023 (“TM Bill... 

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Online brand protection practices for brand owners

7th March 2024 Online shopping is prevalent due to the ease and convenience with which consumers can purchase goods or services. Consumer decisions to purchase... 

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Is your business struggling? Liquidation or Business Rescue are not the only options: The Section 155 Compromise

7th March 2024 When your business is struggling and creditors are knocking down the door, the primary focus has traditionally been on liquidation and business... 

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