ESG: tick-box exercise or a true risk differentiator?
Although not new, Environmental, Social and Governance (ESG) issues have become a key focus in the last 18-24 months, in part driven by growing awareness of environmental and equity and inclusion issues, as well as the health and wellness impacts of Covid-19. The...
Data privacy: don’t let the pandemic loosen your guard
No doubt, growing awareness of data privacy has enhanced how people take care of their personal information. By Barry Cook, data protection office at VFS Global But there are times when we tend to drop our guard, and mostly these are phases when we are anxious. For...
Managing Covid-19 after the National State of Disaster
A new Code of Practice has been issued to guide employers on measures that need to be taken in the workplace to contain Covid-19 infections, once the National State of Disaster ends. By Kate Collier, partner, Mehnaaz Bux, partner and Jenna Atkinson, associate at...
Directors face potential liability for climate change risks
Directors face potential liability if they fail to carry out their fiduciary duties to curb climate change risks and do not make complete disclosures about climate-related risks. By Merlita Kennedy, partner and Tobia Serongoane, associate from Webber Wentzel Climate...
Directors face potential liability for climate change risks
Directors face potential liability if they fail to carry out their fiduciary duties to curb climate change risks and do not make complete disclosures about climate-related risks, write Merlita Kennedy, partner and Tobia Serongoane, associate from Webber Wentzel....
Compliance is not a compromise
Data Privacy Day, took place on 28 January, is an international annual event that highlights the importance of data protection and compliance in a high-risk world. The World Bank describes it as an international focus on the ‘importance of respecting privacy,...
Certification provides assurance
The South African Bureau of Standards (SABS) conducts a range of tests against South African National Standards (SANS), as well as customer specific requirements and/or testing against compulsory specifications that may be issued for certain product categories. The...
Data management and protection strategy vital to ensure PoPIA compliance
Data management and protection can be a complex task, and a ‘one size fits all’ approach cannot be applied for every organisation. By Gary Allemann, MD of Master Data Management With volumes of data increasing at an alarming rate, having a clear, well-defined data...
Proposed model and legislation for an APA Programme in SA
SARS has published a draft model and proposed legislation to establish an advance pricing agreement programme and is inviting comments on it by the end of January. By Karen Miller, consultant, and Joon Chong, partner at Webber Wentzel In 2020, SARS released a draft...
SA now enforcing Cybercrimes Act
Although President Cyril Ramaphosa has signed the Cybercrimes Bill into law, only parts came into effect from 1 December 2021. "It is important to spell out the dos and don'ts of the new Cybercrimes Act and it's everyone's interest to familiarise themselves the with...
Will the Cybercrimes Act change how you use the Internet?
With the arrival of the festive season comes new legislation, and a new weapon in the fight against cybercriminals. On 1 December, several elements of South Africa's new Cybercrimes Act came into effect, six months after President Cyril Ramaphosa first signed the bill...
Standard Bank partners with FRDM on supply chain transparency
Standard Bank Group has partnered with US-based technology platform, FRDM, via the Group's OneHub platform, to help corporates assess and address environmental, social and governance (ESG) risks within their supply chain. The solution will help companies build...