Competition Law

Competition Commission releases Draft Guidelines on Information Exchange between Competitors

Information is integral to making informed decisions.  When conducting business, obtaining information on the market in which one competes is important to the success of a well-functioning firm.  However, when competitors share information a line can be crossed and therefore caution is required due to the risk that it may result in anti-competitive outcomes.

In line with the approach followed by other international jurisdictions, the Competition Commission has recently released draft Guidelines for comment relating to information sharing between competitors. Read more

Financial Intelligence for your Business

The Financial Intelligence Centre Amendment Act, 1 of 2017 (“the Amendment Act”) was signed into law by the President and published on 2 May 2017. Some of its provisions came into effect on 13 June 2017 while the majority of the remaining provisions will come into effect on 2 October 2017.

Why was it necessary to amend the Financial Intelligence Centre Act (“FICA”)?

South Africa is a member of the Financial Action Task Force (“FATF”), an international body that develops and promotes measures to combat money laundering, terrorist financing and other threats to the integrity of the international financial system. Read more

Compliance Online selected as a National Gazelle

We are proud to announce that Compliance Online has been selected as a member of the leading SME development programme, The National Gazelles, for 2017.

The National Gazelles is a flagship programme of the Small Enterprise Development Agency (Seda) and the Department of Small Business Development.  The programme supports the development of a new generation of successful businesses.

Compliance Online was selected after a rigorous four-stage process to participate in this programme, which identifies enterprises countrywide that demonstrate a proven success record combined with further growth potential. Read more