Südafrika

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Aktuelle eAlerts

  •  
    12/06/2024
    International

    Enforcement of the EU AI Act: The EU AI Office

    On 21 May 2024, the Council of the European Union adopted the Regulation laying down harmonised rules on artificial intelligence or the AI Act. As the world's first comprehensive law to regulate artificial intelligence, the AI Act establishes uniform requirements for the development and use of artificial intelligence in the EU. Once signed, the Regulation will be published in the Official Journal of the EU and will enter into force 20 days after publication.As a European regulation, the AI Act applies in all 27 EU member states, and is a key component of the European digital strategy (A Europe...
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  •  
    11/06/2024
    South Africa

    The Remote Gambling Bill and the legalisation of online gambling in South Africa

    IntroductionOver the past decade, the sports betting industry has experienced robust growth in many jurisdictions, including South Africa. However, online gambling (interactive games), except for online betting through a licensed bookmaker, remains an unregulated and prohibited activity in South Africa. The current prohibition is aimed at persons participating in a gambling game (similar to those ordinarily on offer in a casino or similar establishment) remotely using the internet (i.e., not in licensed premises such as a casino).The legalisation and regulation of interactive games is dealt with...
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    16/05/2024
    Südafrika

    Whistleblowers in the Rail Industry: the LAC gives one a green light, whilst another gets derailed

    Fraud, corruption and irregularities are an unfortunate reality within the South African landscape and those who dare to expose such malpractices, often facing significant professional and personal repercussions. Protection of such employees and available remedies in law are therefore crucial.  Interestingly, the Labour Appeal Court (“LAC”) has recently ruled on two such cases concerning whistleblowing, both arising in the rail industry, in respect of Mr. Solomon Kekana (“Kekana”), formerly from the Safety Regulator, and Ms. Onica Ngoye (“Ngoye”), formerly...
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    13/05/2024
    South Africa

    An overview of the proposed JSE Market Segmentation Project

    IntroductionThe Johannesburg Stock Exchange (the "JSE") has seen an uptick in delisting transactions across various sectors in recent years. Various reasons have been cited as driving this trend, including the cost of compliance associated with being listed on the JSE. On 18 April 2024, the JSE published a notice announcing various proposed amendments to the JSE Listings Requirements ("Listings Requirements") as part of their market segmentation project. It appears that these proposed amendments are aimed at reducing the legal and administrative requirements imposed in connection with certain corporate...
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    07/05/2024
    International

    Energy and climate change: The most significant climate change litigation decision yet?

    In Verein KlimaSeniorinnen Schweiz and Others v. Switzerland (application no. 53600/20), the European Court of Human Rights (ECtHR) issued arguably the most impactful and far-reaching ruling on climate change by any European court. The decision has the potential to impact individuals, businesses, and governments in a radical way by casting the law (and courts) rather than governments (and parliaments) as the ultimate body responsible for deciding whether public authority action and inaction are appropriate in the context of climate change. Furthermore, if NGOs determine that a public authority...
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    03/05/2024
    Südafrika

    Access to the beneficial ownership register

    IntroductionFollowing the coming into effect of the General Laws of the Anti-Money Laundering and Combatting Terrorism Financing Amendment Act, 22 of 2022 ("GLA 2022"), companies and close corporations have had to familiarise themselves with the requirements of the Companies and Intellectual Property Commission ("CIPC") requiring them to keep beneficial ownership information and, in certain circumstances, to file such information with the CIPC.The keeping of beneficial ownership information was initially meant to serve as a repository of natural persons who own or exercise control over legal entities...
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