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…
Read More
If you are the beneficiary of a South African inter vivos trust living abroad, there are some important things you need to be aware of in order to stay on…
The South African Reserve Bank’s Financial Surveillance Department (FinSurv) issued four new circulars in May this year amending the Currency and Exchanges Manual for Authorised Dealers (AD Manual). This important…