As global financial markets open up, more South Africans are considering availing of inward foreign loans as a smart way to access capital—whether to grow a business, fund a property…
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For South African residents living overseas who need to transfer fees or salaries earned from their South African company, it is essential to understand the South African Reserve Bank (SARB)…
Exchange control and money laundering are interdependent within South Africa’s financial regulatory framework, as both aim to ensure the integrity of the country’s financial system. However, they target different aspects…
South Africa’s exchange control regulations are designed to manage the flow of capital in and out of the country, preserving the value of the South African Rand (ZAR) and ensuring…
A series of exchange control regulations characterise South Africa’s financial regulatory landscape to manage the flow of capital in and out of the country. Among these, Exchange Control Regulation 10(1)(c)…
Death, while something we strive to avoid, is an inevitable part of life. Dealing with the complexities of a deceased estate is challenging in itself. However, if you are a…
Moving money across international borders can be a complex dance, especially when it comes to paying for services rendered. Exchange control regulations can get complicated, fast! To avoid confusion, we’ve…
Historically loop structures were not permitted in terms of the South African exchange control regulations. In terms of Exchange Control Regulation 10(1)(c), such transactions (or series of transactions) in which…
When planning your emigration, you’ve probably already considered things like relocating your pets, moving your furniture, packing your belongings and shipping your artwork. But when it comes to your financial…
Back in the days of South Africa’s stringent exchange control regime, loop structures were prohibited. The whole idea was to prevent capital from flowing out of the country, but it…