Tag: business transaction
REPORT | Fintech regulatory frameworks of 39 jurisdictions across the world
A new report provides an overview of the financial technology (fintech) regulatory frameworks of 39 jurisdictions across Africa, Asia Pacific, Europe, North America and South America. The report, titled Fintech: how is the world shaping the financial innovation industry?, addresses how different regulators around the world are dealing with the application of technology and innovation to banking and financial services as well as society’s present concerns.
Ignore the Consumer Protection Act at your peril
The Consumer Protection Act (68 of 2008) was launched in 2008 and provides South Africans with key protections against the ambiguous wording and vague language traditionally associated with some contracts and professional literature.
The race for the immutable tulip
Warren Buffet, the most successful investor of all time, calls cryptocurrency 'Tulip Mania'. Cryptocurrency, the most successful investment of all time, doesn’t seem to care. Now a decade on, governments are scrambling to work out how they can get a slice of the tulip pie.
Building trust: bank guarantees make sense in uncertain times
COVID-19 has made it infinitely more difficult for most companies to do business. Apart from the financial challenges created by the widespread lockdowns, the requirement for social distancing and remote working, relationships has made it very difficult for prospective parties in a business transaction to comprehensively assess the companies they intend doing business with, including the vital requirement to check on their creditworthiness.
