Overview   

Exchange Control (Excon) represents a critical aspect of regulatory oversight concerning financial transactions involving foreign exchange in many jurisdictions.  

Recent updates in Excon regulations have underscored the importance of compliance and transparency in cross-border financial activities. These updates aim to streamline processes, mitigate risks, and ensure the integrity of financial systems. By staying informed of Excon developments, businesses and individuals can navigate international transactions more effectively, minimising disruptions and potential penalties while fostering trust and confidence in the global financial ecosystem.   

Join Caryn Maitland CA(SA) and Carmen Westermeyer CA(SA) on 20 March 2024 from 10:00 a.m. to 12:00 p.m. as they update you with the latest knowledge on fiscal and Excon compliance.  

Learning objectives and competencies developed 

By attending this discussion forum, you will be: 

• Possess knowledge of all important updates to FIC (Financial Intelligence Centre) changes.  

• Understand the latest Exchange Control regulations updates and their effect on you and your clients.  

• Gain insight into potential changes in reporting requirements stemming from greylisting.  

• An enhanced ability to provide clients with informed advice on current procedures for international investments.  

• Become aware of and possess a practical understanding of the latest regulations concerning the procurement of offshore funding source.  

Content to be discussed 

  The following topics are under discussion for this month:  

• Overview of Excon in South Africa.  

• Recent Excon reforms.  

• South Africa's position regarding greylisting.  

• FATF and greylisting updates.  

• Measures implemented to enhance compliance.  

• Possible future developments.   

• Update on the Currency and Exchanges Act.   

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAIBA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

Meet your presenters 

Caryn Maitland CA(SA) 

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA. 

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. She has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  Caryn is also involved with the annual SAICA SMP Technical tour. 

Carmen Westermeyer CA(SA) 

Carmen Westermeyer graduated in 2001 from the University of Natal, Durban (now UKZN), with a BCom Honours degree in Accounting and completed her articles with PwC in 2004. She has been a member of SAICA since then. In 2008, she was appointed lecturer at UKZN and coordinated the Taxation 300 course until December 2010. She then took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme.  

In December 2012 Carmen started running ad hoc training courses for members of the profession. From December 2013, she moved into commercial training and consulting on a full-time basis. She has been involved in various training activities, such as the SAICA SMP training in 2014 and the FASSET Budget and Tax Update in 2015 and 2016. 

Who should attend? 

The following persons will benefit from attending this webinar: 

• Professional accountants such as CA(SA), BAP(SA), AGA(SA), Professional Accountant (SA), FCCA, BA(SA) and ACCA. 

• Registered auditors. 

• Registered tax practitioners.  

Price        

• Individual Booking: R380.00  

• Company Booking: 

  • Group Price 1 - From R156 per person (up to 5 users)  

  • Group Price 2 - From R102 per person (up to 10 users)  

  • Group Price 3 - From R92 per person (over 11 users)

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. Click here to create a free profile (There is no charge to create a profile and gain access to our free content). 

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