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New exception to the loop structure prohibition for private individuals

By Janice Roberts at New Media
18 November 2019 • 1 min read

By Leanne Mostert, Keith Veitch, Donald Fisher-Jeffes, and Cameron MacKenzie at Webber Wentzel.

South Africa’s exchange control regulations generally prohibit South African residents from holding an interest in a foreign company which, in turn, holds any interests or assets in a CMA country (so-called “loop structures”). (more…)


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