Revenge porn ruling: High Court awards plaintiff R4.3 million in damages in landmark judgment
In a watershed judgment, a victim of revenge porn was awarded civil damages in the amount of R4.3 million after her former fiancé and his wife shared intimate and explicit videos and images of her on Facebook.
Serving the best interests of the child: SCA upholds High Court decision denying father primary residence and care
In a recent judgment highlighting the critical importance of the best interests of the child standard in divorce proceedings, the Supreme Court of Appeal (‘the SCA’) denied a father’s application for leave to appeal an order of the North Gauteng Division of the High Court, which refused to endorse a settlement agreement granting him primary residence and care of his minor child.
Occupational health and safety: A guideline
Last month, the Department of Employment and Labour (‘the Department’) published a new guideline for employers and employees on the core elements of health and safety in the workplace. Simplifying the key facets of the Occupational Health and Safety Act (‘the Act’) and Regulations, the guideline is designed to prevent accidents in the workplace, safeguard workers, protect non-workers from risks emanating from work-related activities, and improve compliance with the Act.
Holiday to-do list: Update your will
With the holiday season in full-swing, many of us have planned local or overseas vacations to relax, unwind, and reflect on the past year with family and friends. An often ignored aspect of careful holiday planning, however, is the necessity to update one’s will before departure.
Non-compliant entities beware: CIPC to deregister over 500 000 companies
In a recent media statement, the Companies and Intellectual Property Commission (‘CIPC’), a regulatory body responsible for the registration and regulation of companies, co-operatives, and intellectual property rights, confirmed that it intends to deregister more than 500 000 companies and close corporations for failing to submit their Annual Returns (‘AR’) and Beneficial Ownership Declarations.
SCA rules municipal officials are personally liable for irregular expenditure
Recently, the SCA delivered a groundbreaking judgment in Mbambisa v Nelson Mandela Bay Metropolitan Municipality, finding former officials of the Nelson Mandela Municipality personally liable for incurring irregular expenditure.
JSE Listings Requirements approved by the FSCA
The Financial Sector Conduct Authority (‘the FSCA’) has formally approved the JSE Limited’s recent amendments to the JSE Listings Requirements, effective 11th November 2024. Consequent to the Rejuvenation Project of section 19 (specialist securities), the amendments include the introduction of a new B-BBEE section and the revision of section 18 (dual listings) concerning depositary receipts. Resultantly, section 19 has been removed from the JSE Listings Requirements. Instead, specialist securities will be regulated under the new Debt and Specialist Securities Listings Requirements.
For further information on the JSE Listing Requirements and any related aspects, contact our corporate and commercial law attorneys at commercial@stbb.co.za.
In the news: FICA compliance and the consequences of non-compliance
In this month’s enlightening episode of STBB’s Legally Speaking podcast, Maryna Botha considers the implications of non-compliance with the requirements of the Financial Intelligence Centre Act (‘FICA’). Against the backdrop of the recent levying of hefty penalties on non-compliant accountable institutions, Maryna emphasises that the Financial Intelligence Centre’s intention is not to punish banks, law firms, estate agencies, and other accountable institutions. Instead, its focus is on ensuring these entities verify the details of the persons they interact with and comply with their own internal Risk Management and Compliance Programmes. Cautioning against fearmongering, Maryna offers helpful tips to accountable institutions seeking to be FICA-compliant.
For skilled and sensible legal assistance with your FICA compliance requirements, contact compliance@stbb.co.za today.
