This clear summary from Cyclopedic Consulting highlights the core mechanisms every accountable institution in South Africa must master: Customer Identification, Beneficial Ownership, Risk-Based Due Diligence, and Ongoing Monitoring. With severe penalties for...
The convergence of KYC (Know Your Customer) and TCF (Treating Customers Fairly) is becoming increasingly important under the Conduct of Financial Institutions (CoFI) Bill. What was traditionally seen as a pure anti-money laundering requirement is now a central pillar...
Procedural rules are not mere technicalities — they are fundamental safeguards that ensure fairness, predictability, and justice for all parties. As Advocate Nico Strydom correctly states, ignoring them is done at one’s own peril. In practice, Nivesh Maharaj often...
In a sharply worded judgment delivered by Moshoana AJA on 16 March 2026, the Labour Appeal Court expressed serious concern over the conduct of Attorney Selala, describing it as lacking honesty, candour, and competence. The Court was also baffled by the Labour Court...
Nivesh Maharaj comments on the high cost of compromised integrity in corporate South Africa. This powerful case study illustrates the severe consequences of fiduciary breach and conflict of interest. In this matter, the court ordered the director to pay R1,141,765.97...
