Company Act Amendment Bill
Presenters : Caryn Maitland CA(SA)
Overview
After much anticipation, the Department of Trade and Industry released a revised version of the Companies Act Amendment Bill on 1 October 2021 (comments by the public were due by 31 October 2021). This is the second version of the previous Amendment Bill released in 2018.
What has changed from the first version to the second? Does the second version take interested parties' concerns into consideration, such as those relating to the Public Interest Score?
Learning objectives and competencies developed
Attending this CPD webinar will equip you with knowledge of the contents of the latest Companies Act Amendment Bill regarding:
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How the DTI intends to improve the ease of doing business in South Africa.
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The provision of greater transparency on wage ratios.
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True and beneficial ownership of companies to address money laundering challenges.
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What the social and ethics committee is about.
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Submission of financial statements and security registers with annual returns.
Content
The webinar will cover the following topics:
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Access to information.
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The social ethics committee.
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AFS and security registers submission.
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Introduction of the Remuneration Report.
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The definition of true ownership.
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Relief relating to the financial assistance clause.
