Please take note of the following industry updates.
From The Presidency
of certain sections of the Protection of Personal Information Act,
The Presidency has announced the commencement of specific sections
of the POPI Act. For more detail, view the official press release.
“...The Act has
been put into operation incrementally… a number of
remaining sections which has now been proclaimed by the
President. The relevant sections and applicable dates are as
Sections 2 to 38; sections 55 to 109;
section 111; and section 114 (1), (2) and (3) shall commence
on 1 July 2020.
Sections 110 and 114(4) shall commence
on 30 June 2021....”
From the FIC and National Treasury
Paper relating to the Proposed Amendments of the Schedules to the
FIC ACT, 2001 (ACT 38 OF 2001)
The Financial Intelligence Centre is pleased to advise that
the Minister of Finance, in
terms of sections 73, 75 and 76 of the Financial
Intelligence Centre Act, 2001 (Act No. 38 of 2001 – “the FIC Act”),
amend Schedules 1, 2 and 3 to the FIC Act.