Webber Wentzel
Proposed revisions to water use licensing legislation envisage significant reforms
18th August 2023 Amended procedural requirements for water use licence applications have been drafted and published. Some proposals are positive, although some will... →
Data Protection and Cybersecurity in the Open Finance space
17th August 2023 The FSCA has published a draft paper addressing the risks and possible remedies arising from data sharing in Open Finance, on which it is seeking... →
Beyond competition: the prominent role of public interest conditions in financial sector mergers
17th August 2023 The competition authorities are increasingly imposing public interest conditions when approving mergers, including on employment, and broadening... →
Fintech and Treating Customers Fairly
16th August 2023 Fintech businesses need to apply Treating Customers Fairly (TCF) principles when designing new products and services, especially considering the... →
Taking tech to tradition: Mitigating risk in the evolving financial services sector
16th August 2023 As technology distorts the boundaries between the physical and digital realms, adequate risk mitigation measures must be built into collaborations... →
No more skirting around the health and safety concerns of women in mining wearing PPE designed for men
15th August 2023 The Chief Inspector of Mines has issued an updated guideline outlining considerations that mines should incorporate into Mandatory Codes of... →
Total Blackout: Force Majeure and Supervening Impossibility in a Grid Collapse
15th August 2023 If South Africa were to experience a total grid collapse, parties to a contract may be able to invoke force majeure clauses, or if no such clauses... →
Prudential Authority publishes highly anticipated draft guidance notes for banks and insurers on climate-related risks and disclosures
15th August 2023 Mirroring other leading financial sector regulators across the globe, South Africa's Prudential Authority (PA) has signaled to banks and insurers... →
