SARS is aware of your offshore assets

The days where SARS shuts its eyes to taxpayers’ offshore holdings are thing of the past. SARS is finally utilising the Automatic Exchange of Information regime to pin down taxpayers who have not disclosed their offshore interests and numerous taxpayers have already received some alarming notices to…

https://www.polity.org.za/article/sars-is-aware-of-your-offshore-assets-2021-01-06

IBOR reform has significant implications for SA’s financial industry

Since 2017, Interbank Offered Rate (IBOR) reform has been on the cards in many markets around the world. The use of the London Interbank Offered Rate (LIBOR) as a benchmark, is set to be discontinued. This has significant implications across the financial industry, as LIBOR is used as a reference ra…

https://www.polity.org.za/article/ibor-reform-has-significant-implications-for-sas-financial-industry-2020-12-11