Last month on our blog, we covered inter vivos trusts and what they’re used for, while taking a look at the exchange control implications for offshore beneficiaries. This time around,…
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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…