The Companies Amendment Act was signed into law on the 26 July 2024, with an effective date of 29 July 2024. For the first time in more than 10 years, we will see significant changes and strengthened regulations.
But how does this affect companies and their responsibilities? From clarified turnaround times, to increased disclosure responsibilities, all companies should be aware of the effect these changes will bring.
During this webinar, we will discuss all the changes and their impact on companies, their directors, consultants, accountants and auditors.
• 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
• Social and ethics committee
• Auditor requirements
• Application of takeover regulations to private companies
• Alternative dispute resolution
• Changes to the Companies Tribunal
• Functions of Financial Reporting Standards Council
All directors, accountants, auditors and providers of statutory duties
