Amendments to the regulation of primary and secondary listings on the JSE – Polity

Amendments to the regulation of primary and secondary listings on the JSE

On 5 November, the JSE Limited (JSE) announced amendments to its Listings Requirements to strengthen the regulation of primary listings and secondary listings. The amendments follow an extensive consultation process with the market and the public that kicked off in September 2018 after the JSE relea…

https://www.polity.org.za/article/amendments-to-the-regulation-of-primary-and-secondary-listings-on-the-jse-2019-11-14

Unforeseen preference share amendments – Polity

Unforeseen preference share amendments

The 2019 Taxation Laws Amendment Bill (TLAB) was tabled with the Medium Term Budget Policy Statement on 30 October 2019. The TLAB contains a significant amendment to the definition of “hybrid equity instrument” in section 8E of the Income Tax Act, which will deem any distributions made within 3 year…

https://www.polity.org.za/article/unforeseen-preference-share-amendments-2019-11-04