Government, parliamentary and legislative information on financial matters, including National Treasury and SARS.

Comment Sought on Taxation Laws Amendment Bill

National Treasury

The 2018 Draft Taxation Laws Amendment Bill (TLAB) has been released for comment.

The TLAB contains legislative amendments for the tax proposals announced in the 2018 Budget.

SC Finance Shines Light on Deposit Insurance Scheme

Standing Committee on Finance

The standing committee on finance has called for legislation establishing a comprehensive deposit insurance scheme to be drawn up.

In a statement, the committee added that the proposed legislation will safeguard depositors’ funds in cases where banks collapse.

Policy Paper on Fintech on the Horizon

National Treasury

A policy paper setting out the South African policy position on Fintech and innovation in the financial sector is in the pipeline.

National treasury revealed this in a statement on the recent inaugural Intergovernmental Fintech Working Group (IFWG) workshop.

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