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Understanding Government’s Renewable Energy Generation Tax Incentive

You have until March 2025 to take advantage of the enhanced renewables tax incentive. The South African government last year introduced a generous tax incentive to spur immediate private investment in renewables, and to support businesses that might not have been able to invest in renewable energy without it. Any taxpayer conducting business activities can […]

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Your Business may now be Required to 'FICA' Your Clients

Your Business may now be Required to ‘FICA’ Your Clients.

At Caveat Legal, we are committed to keeping you informed about regulatory changes that may affect your business operations. Many of you will be aware of the changes to the Financial Intelligence Centre Act (FICA) and, in particular, the addition of further categories of ‘Accountable Institutions’, such as high-value goods dealers, credit providers and crypto

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Clarifying your company's beneficial ownership filing

Clarifying your company’s beneficial ownership filing

24 May 2024 was the hard deadline to file your company’s securities register, beneficial ownership register, and beneficial interests register. If you have not yet seen to this, you are currently in contravention of the Companies Act, and you will not be allowed to file your annual return. This means you may incur penalties for

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AI in Contract Analysis and Management: Strategies for the Modern Era

AI in Contract Analysis and Management: Strategies for the Modern Era

AI in the context of contract analysis and management refers to the use of machine learning and natural language processing technologies to automate and improve various aspects of contracts, transforming the way contracts are analyzed, managed, and enforced. AI has become an indispensable tool in contract analysis and management, offering significant improvements in efficiency, accuracy,

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Safeguarding Your Wealth - Asset Security in the Fintech Era

Safeguarding Your Wealth: Asset Security in the Fintech Era

The financial technology (fintech) law and regulatory landscape is constantly evolving and could present first-mover fintech opportunities for those who keep up-to-date with these developments. In this article we delve into strategies and best practices for asset protection for those venturing into the realm of fintech investments. The Fintech Landscape Fintech has revolutionized the financial

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Five Key Practices for Seamless Fintech Compliance

Five Key Practices for Seamless Fintech Compliance

Because financial technology (fintech) is relatively new and has developed faster than legislative processes, and because the nuances of blockchain applications are varied, Fintech and Crypto Law covers a broad range of regulations, many of which were formulated before its existence.  As such, it covers laws and regulations in the fields of financial services, ITC,

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Liability and AI: Who’s Responsible When AI Goes Wrong?

The realm of artificial intelligence (AI) is rapidly advancing, affecting various sectors including autonomous vehicles, healthcare, financial and legal advisory, and consumer products. This rapid integration raises significant liability concerns, as the boundaries of responsibility shift and blur in the face of AI’s unique capabilities and limitations. As AI systems take on roles traditionally held

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Top 8 Legal Considerations for Launching a Cryptocurrency-Based Fintech Startup

Launching a cryptocurrency-based fintech startup is a venture that marries innovation with intricate legalities and founders are required to traverse a complex legal terrain, marked by fluctuating regulatory environments and novel legal challenges. This journey demands careful consideration of various legal aspects, including regulatory compliance, intellectual property protection, data privacy, and the intricacies of contractual

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Crypto Investment: Licences You Need And Rules You Need To Know

What is a cryptocurrency investment licence, and why is it needed? The Fintech legal sector has seen an increase of activity in recent years spurred on by the disruptive nature of blockchain technology, distributed ledgers, smart contracts and the use of artificial intelligence and data analytics. Regulators recognise the potential of the Fintech innovations and

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Top 10 Fintech Regulatory Challenges in 2024

Top 10 Fintech Regulatory Challenges in 2024

As digital transformation continues to accelerate, it’s evident that the fintech sector is not just responding to current demands, it is also anticipating the future needs of businesses and consumers alike. With the emergence of decentralised platforms to the integration of financial services into everyday consumer experiences, each year brings significant milestones in the fusion

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