Lexis® Assure

Customised alerts organised by subject area, aligned by industry

Start with the Essential Package, covering legislative changes to human resources, corporate finance and general compliance across all industries. Alternatively, choose industry specific subject areas or content from the rest of Africa, to meet your specific compliance monitoring needs.

Industry specific content covers: African country legislation:

Recent Alerts

FSCA fines Channel Life
Invitation for  Technical Tax Proposals
Date of Initial Alert:
11 November 2019
Affected Stakeholders:
Financial Services Board, General public, Financial Service Providers
Outline Brief:
The FSCA imposed an administrative penalty of R300 000  on Channel Life Limited (Channel Life), for contravention of section 52(2) of  the Long-term Insurance Act No. 52 of 1998 and R250 000 for contravention of  Rule 5.1(a)(i) of the Policyholder Protection Rules in terms of the Financial  Advisory and Intermediary Services Act No. 37 of 2002 (FAIS Act). The FSCA  found that Channel Life concluded agreements with 168 individuals (runners) who  were not lawfully authorised in terms of the FAIS Act. Channel Life also failed  to maintain a register of its representatives to ensure compliance with the  applicable codes of conduct and laws on conduct of business.
 
 
Labour Relations Act No. 66 of 1995
Condition  of Employment Collective Amending Agreement: BCCEI
Date of Initial Alert:
08  November 2019
Affected Stakeholders:
Human  Resources Department, Compliance Officers, Health and Safety Consultants,  Occupational Health and Safety Managers, Employees, Health and Safety Committee  Members, Skills Development Administrators, Legal Departments
Outline Brief:
The Minister of Employment and Labour has declared that the Condition of  Employment Collective Amending Agreement concluded in the Bargaining Council  for the Civil Engineering Industry be extended to non-parties. This means that  the conditions shall be binding on the parties who concluded the collective  agreement and on the other employers and employees in that industry.
 
 
Call for comment on draft regulations
Draft Major Hazard Installation Regulations
Date of Initial Alert:
12  November 2019
Affected Stakeholders:
Employers, Employees, Compliance auditors, Requisite suppliers, Safety  Officers, Construction companies, Inspectors
Outline Brief:
The Minister of Employment and Labour invites the  public to comment on the draft Major Hazard Installation Regulations. The  Regulations apply to Major Hazard Installation (MHI) duty holders, high hazard  establishments, MHI pipelines or those classified by an approved inspection  authority. The Regulations provides for, inter alia, the management of MHI, the  registration of MHI, risk assessments, preparation of a major incident  prevention policy, development of safety reports, licences, emergency  preparedness plan, reporting of risk and emergency occurrences and offences and  penalties.
 
 
 

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