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Finance Standing Committee
Closure of bank accounts: engagement with Gardee Godrich Attorneys, National Treasury & Regulators
7 Sep 2022
In this virtual meeting, the Portfolio Committee on Finance was briefed by Gardee Godrich Attorneys, National Treasury, the Prudential Authority, the Financial Sector Conduct Authority, and the Financial Intelligence Centre on the arbitrary and unilateral closure of bank accounts.
Gardee Godrich Attorneys reported that it represented clients in a matter ...
Finance Standing Committee
Financial Matters Amendment Bill: National Treasury briefing
6 Sep 2022
In this virtual meeting, National Treasury briefed the Committee on the Financial Matters Amendment Bill [B19 -2022].
The Financial Matters Amendment Bill (the Bill) proposes amendments to the following Acts: The Associated Institutions Pension Fund Act, 1963 (Act No. 41 of 1963); the Military Pensions Act, 1976 (Act No. ...
Rules of the National Assembly
Reports on: Reasons for Delayed Replies to Questions, Physical removal of Member from chamber, Investigation into GBV Allegations; Establishment of Presidency Committee
2 Sep 2022
The Committee adopted the proposal of the name changes for several portfolio committees to be consistent with the cabinet portfolio names.
The Committee was presented with a report on the investigation into allegations of gender-based violence and related matters arising from the events of 9th and 10th June 2022. ...
Finance Standing Committee
Financial Intelligence Centre Act schedule amendments: NT response to public submissions
24 Aug 2022
Video (Part 1)
Video (Part 2)
Draft Amendments to Schedules 1, 2 and 3 Financial Intelligence Centre Act
Financial Intelligence Centre Act 2001 (Act No 38 of 2001)
National Treasury and the Financial Intelligence Centre (FIC) briefed the Committee in a virtual meeting on the Joint Conduct Standards of the ...
Finance Standing Committee
Phala Phala Matter, South African Reserve Bank & Prudential Authority 2021/22 Annual Reports
17 Aug 2022
The Standing Committee on Finance were briefed by the South African Reserve Bank (SARB) and the Prudential Authority (PA) on their annual reports for 2021/22.
Before the SARB and PA presentation could begin, an EFF Member insisted the SARB and PA should account to the Committee and answer the ...
Finance Standing Committee
National Treasury and FIC on Amendments to Schedule 1, 2 & 3 of the Financial Intelligence Centre Act
15 Jun 2022
Financial Intelligence Centre Act, 2001
The Standing Committee on Finance and Select Committee on Finance convened jointly on a virtual platform to be briefed by National Treasury and the Financial Intelligence Centre on amendments to schedule one, two and three of the Financial Intelligence Centre Act, 2001 (Act 38 ...
Finance Standing Committee
GEPF & GPAA 2020/21 Annual Reports
8 Jun 2022
Government Employees Pension Fund (GEPF)
The Finance Standing Committee met with the Government Employees Pension Fund (GEPF), the Government Pension Administration Agency (GPAA), National Treasury (NT) and stakeholders in a virtual meeting to deliberate on the 2020/21 Annual Reports of the two entities.
The GEPF reported it had achieved significant ...
Finance Standing Committee
Development Bank of South Africa (DBSA) Quarterly Reports; Committee Oversight Visit Reports
1 Jun 2022
The Standing Committee on Finance met on a virtual platform to receive a briefing from the Development Bank of Southern Africa (DBSA) on its Quarterly Report for the final quarter of the 2021/22 financial year.
The Bank informed the Committee that it could not get into ...
Finance Standing Committee
Committee Report on Oversight visit to SASRIA, Land Bank & Financial and Fiscal Commission
31 May 2022
The Standing Committee on Finance met virtually to consider and adopt the Committee’s report on oversight visits to the South African Special Risk Insurance Association (SASRIA), the Land Bank, and the Financial and Fiscal Commission (FFC). The report was presented by the Committee’s Content Advisor and ...
Finance Standing Committee
National Treasury Q4 Performance 2020/21; BEPS Multilateral Convention; Kuwait Taxation Agreement
25 May 2022
The Standing Committee on Finance met on a virtual meeting platform with National Treasury to receive a briefing on its fourth quarter performance for 2020/21.
National Treasury said it had managed to achieve 87% of quarter four indicators.
National Treasury admitted that it was not coping with municipalities as ...