Update on the Audit of Legal Practitioner Business Accounts
Advisory Notice - 10 May 2024Overview and backgroundThe South African Legal Practice Council Rules (“the Rules”) and Legal Practice Act, No. 28 of 2014...
The Road Accident Fund is running out of money – Where it’s all going
South Africa’s Road Accident Fund (RAF) is being bled dry by “suspicious and exorbitant” claims, according to CEO Collins Letsoalo.The RAF reported an R8.43-billion deficit for the 2022/2023...
Can You Really Sell A Small Law Firm?
Is it possible to sell a small law firm? Yes. - That’s the good news.
The bad news is that those law firms are not...
Law Firms to Urgently Submit Risk and Compliance Reports to FIC
Ref No: 30836 - 5 February 2024
To: All Partners, Boards of Directors, Chief Executive Officers, Managing Partners, Advocates with Trust Accounts, and Senior Management...
Change of Name of a Company and a Close Corporation in Terms of the...
Since the inception of the New Companies Act, No. 71 of 2008, (the Act) a fair amount of confusion exists as to the correct...
Master of the High Court Update – Deceased Estates Online – QR Codes
Deceased Estates online registration launched
The Minister of Justice and Correctional Services Ronald Lamola officially launched the Masters’ Deceased Estate Online Registration System on 10...
CODI: Robin Hood in Reverse: Robbing little guys to create jobs and perks for...
Considerable negative public comment notwithstanding, the National Treasury and the South African Reserve Bank (SARB) have pressed ahead with the establishment of a new...
Deputy judge president warns lawyers against abusing court proceedings
Gauteng High Court Deputy Judge President Roland Sutherland has issued a stern warning to legal practitioners not to abuse court processes and delay proceedings.
In...
President Ramaphosa signs Act introducing foreign concepts into SA Trust Law.
FISA comments on amendments to the Trust Property Control Act, 57 of 1988 (the Act), signed into law by the President as part of...
Reflections (PART II): On Legal Tech Trends
Technology is a forever evolving, changing, and improving “thing”. Some would even venture to say that advancement in technology is inevitable.
And due to this...
FISA reacts to the outcome of the Parliamentary Standing Committee on Finance’s meeting on...
FISA reacts to the outcome of the Parliamentary Standing Committee on Finance’s meeting on the proposed anti money laundering bill
In October 2022, FISA made...
Reflections (PART I): Reflection for Progression
There is no doubt in our minds that what happens in the world around us will have a profound affect on how we live,...
