SOUTH AFRICA- The plethora of laws recently enacted to bring the South African investment environment up to international standards raise the costs of compliance for affected companies, but they will give comfort to investors grown weary - and in some cases poor - through hit-and-run sales tactics and lax reporting standards.
The five most important pieces of legislation are: - The Collective Investment Schemes Control Act (CIS), which replaces the old Unit Trust Control and Participation Bonds Acts. - The Financi...
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