FHBC is an Accountable Institution under the FIC Act, and as such is required to “FICA” clients. FHBC has implemented various measures specifically to address its compliance obligations and will continue to contact clients, including existing clients, with requests for information and FICA documentation. Our article lists the information required.
Regulasies tot die Wet op die Beskerming van Persoonlike Inligting (POPIA) in Suid-Afrika, is gewysig met ingang van 17 April 2025. Die wysigings is daarop gemik om die regte van persone (oftewel ‘data-subjects’, wat individue en entiteite insluit) te versterk en strenger nakomingsverpligtinge op organisasies te plaas. Organisasies moet hul databeskermingsraamwerke en -prosedures hersien en opdateer soos nodig om te verseker dat dit in lyn is met die gewysigde Regulasies.
In terms of section 82 of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act No 130 of 1993) (COIDA), a registered employer shall furnish the commissioner with a Return of Earnings, no later than the thirty-first day of March in each year.
The deadline for the submission of Beneficial Ownership Registers with the Master of the High Court is 15 November 2024.
Do you know what your rights are when you receive faulty products? Do you know that you have a right to return damaged, defective and/or broken goods? Consumers have the right to return unsafe or defective goods and request a full refund for such defective, damaged or broken goods, provided this is done within a reasonable period.
In terms of section 82 of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act No 130 of 1993) (COIDA), a registered employer shall furnish the commissioner with a Return of Earnings, no later than the 31st of March in each year. As per the Government Gazette No 50386, 27 March 2024, the deadline for submitting the Annual Return of Earnings for the 2023 assessment period is 30 June 2024.
Due to the amendment of The Financial Intelligence Centre Act, No. 38 of 2001, FHBC is an accountable institution and as such, FHBC is required to “FICA” its clients. We will be contacting all our clients to collect the necessary information and we do require your co-operation in this regard.
A Constitutional Court order made on 19 November 2020 declared section 1(xix)(v) of the Compensation for Occupational Injuries and Diseases Act (COIDA) 130 of 1993 invalid, this order has been made immediate and retrospective to 27 April 1994. Thus, declaring that Domestic Workers are now entitled for compensation if they are injured or contract a disease while on duty.
FHBC bied bystand aan kliënte met die sertifisering van afskrifte, asook die afneem en bevestiging van beëdigde verklarings en is verplig om hierdie diens in ooreenstemming met statutêre vereistes te verrig.
The Trust Property Control Act was recently amended due to changes to FICA Legislation. The amended Act contains additional compliance requirements which affects the trustees of trusts, those involved in the creation of trusts, and those involved in the investment, safe keeping, control or administration of trust property.
