The Companies Act Amendment Bill was published on 21 September 2018. For the first time in 10 years, we will see significant changes and strengthened regulations.
But how does this affect companies and their responsibilities? From clarified turn around times, to increased disclosure responsibilities, all companies should be aware of the effect these changes will bring.
Join us for this two-hour session, where we will discuss all the changes and their impact on companies, their directors, consultants, accountants and auditors.
The following will be covered during this session:
• Changes to definitions
• Amendment to MOI – No more delays
• Increased access to information
• Disclosure of director’s remuneration
• Annual return and XBRL submission of financial statements
• Validation of shares
• Financial assistance for shares
• Approval of share buy backs
• Reports to be tabled and discussed at shareholders meeting
• Social and ethics committee
• Auditor requirements
• Impact of Financial Sector Regulation Act
• Application of takeover regulations to private companies
• Alternative dispute resolution
• Changes to the Companies Tribunal
• Functions of Financial Reporting Standards Council
