In March 2024, the Supreme Court of Appeal held that SARS lawfully seized a director’s property during a search and seizure operation conducted at the premises of the company.
SARS had obtained a warrant from the high court in terms
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In March 2024, the Supreme Court of Appeal held that SARS lawfully seized a director’s property during a search and seizure operation conducted at the premises of the company.
SARS had obtained a warrant from the high court in terms…
On 18 March 2024, the Council of the EU adopted a draft Regulation to protect the wholesale energy market against market manipulation.
The draft Regulation will reinforce market surveillance in the European Union and ensure open and fair competition in…
On 18 March 2024, the Investment Association (IA) published a guide ‘Operational resilience: severe but plausible (SBP) scenarios’.
The guide directly builds upon the IA’s previous member guidance on scenario testing from December 2021 and this new guide represents the…
On 18 March 2024, the Financial Stability Board (FSB) published a revised version of its 2016 guidance on arrangements to support operational continuity in resolution.
The 2016 guidance assists supervisory and resolution authorities, and financial institutions to evaluate whether financial…
On 11 March 2024, the Eurogroup (in inclusive format, meaning that all EU finance ministers are included) published a statement on the future of the Capital Markets Union (CMU). The statement provides an overview of EU finance ministers’ common priorities…
In a decision earlier this year, the Trademark Trial and Appeal Board (“Board”) dismissed as moot a cancellation proceeding filed by Men’s Wearhouse, LLC against WKND NYC LLC for the mark
(hereinafter, “MW MRWKND”) because Men’s Wearhouse filed the cancellation…
On 15 March 2024, the Financial Conduct Authority (FCA) announced a review into firms’ treatment of customers in vulnerable circumstances. The supports the FCA’s 2021 commitment.
The announcement is in parallel with the Consumer Duty’s overarching objective, as firms…
On 15 March 2024, the European Supervisory Authorities (ESAs) published an updated version of their consolidated Q&As on the Packaged Retail and Insurance-based Investment Products (PRIIPs) Key Information Document.
The document combines responses given by the European Commission to questions…
On 15 March 2024, the Council of the EU published the updated text of the proposed Regulation amending the Single Euro Payments Area Regulation, the Cross-Border Payments Regulation, the Settlement Finality Directive and the Second Payment Services Directive as regards…
On 15 March 2024, the Council of the EU published the updated text of the proposed Directive amending the Alternative Investment Fund Managers Directive and the UCITS Directive relating to delegation arrangements, liquidity risk management, supervisory reporting, provision of depositary…