A series of exchange control regulations characterise South Africa’s financial regulatory landscape to manage the flow of capital in and out of the country. Among these, Exchange Control Regulation 10(1)(c)…
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Exchange control regulations are crucial for managing a country’s foreign exchange reserves and ensuring economic stability. In South Africa, violating these regulations can lead to severe legal and financial consequences…
Packing your belongings for a new chapter abroad? How exciting! When you emigrate, it can feel like an extra hurdle having to navigate the world of exchange control regulations on…
In the 2020 Budget Speech it was announced that the National Treasury was going to give the South African Exchange Control regime a total overhaul in order to modernise outdated, unnecessarily restrictive…