Bowmans Durban hosted the auctions of two sister vessels and the sale of these two bulk carriers was ordered by the Durban High Court.
Continue readingSouth Africa: The Banking (Amendment) Act, 2016 (the Act)
The Act provides that banks shall not charge more than “four per cent (4%) the base rate set and published by the Central Bank of Kenya.
Continue readingSouth Africa: Amendment of the Notice on Qualifications, Experience and Criteria for Approval as Compliance Officer
In terms of the Amendment Notice, compliance officers are now required to pass the existing Level 1 regulatory examinations.
Continue readingSouth Africa: The role of a legal practitioner in a mediation process
The legal practitioner may assist in drafting the terms of reference of the meditation and preparing the reading material for the mediator. Â
Continue readingSouth Africa: Leading pan-African law firm, Bowmans, suggests eight steps for business to take towards compliance with POPIA ahead of enforcement
Businesses that collect, hold, transfer and use individuals’ personal information will have to do so under certain conditions.
Continue readingSouth Africa: Blockchain revolution and Financial regulation
Our policymakers need to move with speed to put in place a financial and banking regulation framework that will facilitate FinTech.
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