Accountants' Discussion Forum: Excon and Greylisting Updates
CPD Hours: 2
Price: R380.00
Accountants' Discussion Forum: Excon and Greylisting Updates
Presenters : Carmen Westermeyer CA(SA) , Caryn Maitland CA(SA)
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) 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:
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Possess knowledge of all important updates to FIC (Financial Intelligence Centre) changes.
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Understand the latest Exchange Control regulations updates and their effect on you and your clients.
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Gain insight into potential changes in reporting requirements stemming from greylisting.
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An enhanced ability to provide clients with informed advice on current procedures for international investments.
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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:
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Overview of Excon in South Africa.
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Recent Excon reforms.
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South Africa's position regarding greylisting.
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FATF and greylisting updates.
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Measures implemented to enhance compliance.
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Possible future developments.
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Update on the Currency and Exchanges Act.
