Enforcement of beneficial ownership filings and securities registers as from 01 October 2023

 

The Companies and Intellectual Property Commission (CIPC) implemented a beneficial ownership register from 01 April 2023 on a voluntary basis. The filing of beneficial ownership filings and securities/beneficial interest registers became mandatory from 24 May 2023 upon promulgation of the Amended Companies Regulations to give full effect to the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022.

In terms of the amended regulations, entities incorporated after promulgation of the amended Companies regulations have to file beneficial ownership information within 10 business days after the date of incorporation. The same applies with regard to the updating of beneficial ownership records when there are changes.

 

Pre-existing entities, which had their anniversary date after the promulgation of the amended Companies Regulations have to also file their beneficial ownership information. We have noted that a number of entities which were supposed to file their beneficial ownership information have not filed as required. This notice serves as a reminder and those entities who have not filed are encouraged to do so.

The Commission will also be engaging some of the entities to enforce filing of their beneficial ownership information. The Commission will also conduct inspections to verify if the filed beneficial ownership information that is on our records corresponds with records kept by respective entities.

Notice 53

CIPC 2023 XBRL taxonomy for public consultation

The CIPC has implemented filing of Annual Financial Statements (AFSs) via XBRL since 1 July 2018: The AFSs are based on the International Financial Reporting Standards (IFRS) Taxonomy as published by the International Accounting Standards Board (IASB) on 31 March 2016. Since then, the IASB released updates to the IFRS taxonomy in 2017 up to and including 2023. The CIPC wishes to update its taxonomy (inclusive of previous updates) in line with the latest 2023 releases of IFRS. The CIPC has made the data model as well as the new taxonomy available on its website for public consultation.

Please provide the CIPC with comments on the suggested new taxonomy by 06 September 2023.

Please refer to relevant documentation under “XBRL Programme” on the CIPCs website

(www.cipc.co.za). Queries and comments can be sent to xbri@cpc.co.za. 

Notice 50

Publication No. 202301 Notice No. 25-A

Deregistration of Companies And Close Corporations. Deregistrasie Van Maatskappye en Beslote Koperasies – B List /Lys

NOTICE IN TERMS OF SECTION 82 (3) (b) (ii) OF THE COMPANIES ACT, 2008, SECTION 26 OF THE CLOSE CORPORATION
ACT,1984 AND REGULATION 40 (4) OF THE COMPANIES REGULATIONS 2011, THAT AFTER EXPIRATION OF 20 BUSINESS
DAYS FROM THE DATE OF PUBLICATION OF THIS NOTICE, THE NAMES OF THE COMPANIES AND CLOSE CORPORATIONS
MENTIONED IN B LIST HEREUNDER WILL, UNLESS CAUSE IS SHOWN TO THE CONTRARY, BE STRUCK OFF THE
REGISTER AND THE REGISTRATION OF THE CORRESPONDING MOI OR FOUNDING STATEMENT CANCELLED.
KENNISGEWING INGEVOLGE ARTIKEL 82 (3) (b) (ii) VAN DIE MAATSKAPPYWET,2008, ARTIKEL 26 VAN DIE BESLOTE
KOPERASIES,1984 DAT NA AFLOOP VAN 20 BESIGHEIDSDAE VANAF PUBLIKASIE VAN HIERDIE KENNISGEWING, DIE
NAME VAN DIE MAATSKAPPYE EN BESLOTE KOPERASIES IN LYS B HIERONDER GENOEM, VAN DIE REGISTER GESKRAP
EN DIE BETROKKE AKTE OF STIGTINGSVERKLARING GEKANSELLEER SAL WORD, TENSY GRONDE DAARTEEN
AANGEVOER WORD.

 

Publication No. 202301 Notice No. 25-A

Publication No. 202206 Notice No. 25-A

Deregistration of Companies And Close Corporations. Deregistrasie Van Maatskappye en Beslote Koperasies – B List /Lys

NOTICE IN TERMS OF SECTION 82 (3) (b) (ii) OF THE COMPANIES ACT, 2008, SECTION 26 OF THE CLOSE CORPORATION
ACT,1984 AND REGULATION 40 (4) OF THE COMPANIES REGULATIONS 2011, THAT AFTER EXPIRATION OF 20 BUSINESS
DAYS FROM THE DATE OF PUBLICATION OF THIS NOTICE, THE NAMES OF THE COMPANIES AND CLOSE CORPORATIONS
MENTIONED IN B LIST HEREUNDER WILL, UNLESS CAUSE IS SHOWN TO THE CONTRARY, BE STRUCK OFF THE
REGISTER AND THE REGISTRATION OF THE CORRESPONDING MOI OR FOUNDING STATEMENT CANCELLED.
KENNISGEWING INGEVOLGE ARTIKEL 82 (3) (b) (ii) VAN DIE MAATSKAPPYWET,2008, ARTIKEL 26 VAN DIE BESLOTE
KOPERASIES,1984 DAT NA AFLOOP VAN 20 BESIGHEIDSDAE VANAF PUBLIKASIE VAN HIERDIE KENNISGEWING, DIE
NAME VAN DIE MAATSKAPPYE EN BESLOTE KOPERASIES IN LYS B HIERONDER GENOEM, VAN DIE REGISTER GESKRAP
EN DIE BETROKKE AKTE OF STIGTINGSVERKLARING GEKANSELLEER SAL WORD,

 

Publication No. 202206 Notice No. 25-A

Publication No. 202212 Notice No. 25-A

Deregistration of Companies And Close Corporations. Deregistrasie Van Maatskappye en Beslote Koperasies – B List /Lys

NOTICE IN TERMS OF SECTION 82 (3) (b) (ii) OF THE COMPANIES ACT, 2008, SECTION 26 OF THE CLOSE CORPORATION
ACT,1984 AND REGULATION 40 (4) OF THE COMPANIES REGULATIONS 2011, THAT AFTER EXPIRATION OF 20 BUSINESS
DAYS FROM THE DATE OF PUBLICATION OF THIS NOTICE, THE NAMES OF THE COMPANIES AND CLOSE CORPORATIONS
MENTIONED IN B LIST HEREUNDER WILL, UNLESS CAUSE IS SHOWN TO THE CONTRARY, BE STRUCK OFF THE
REGISTER AND THE REGISTRATION OF THE CORRESPONDING MOI OR FOUNDING STATEMENT CANCELLED.
KENNISGEWING INGEVOLGE ARTIKEL 82 (3) (b) (ii) VAN DIE MAATSKAPPYWET,2008, ARTIKEL 26 VAN DIE BESLOTE
KOPERASIES,1984 DAT NA AFLOOP VAN 20 BESIGHEIDSDAE VANAF PUBLIKASIE VAN HIERDIE KENNISGEWING, DIE
NAME VAN DIE MAATSKAPPYE EN BESLOTE KOPERASIES IN LYS B HIERONDER GENOEM, VAN DIE REGISTER GESKRAP
EN DIE BETROKKE AKTE OF STIGTINGSVERKLARING GEKANSELLEER SAL WORD, TENSY GRONDE DAARTEEN
AANGEVOER WORD.

 

Publication No. 202212 Notice No. 25-A