Insights

Role of the CIPC

Responsibility of directors vs the role of the Regulator

The Companies Act reduces the company’s reliance on the regulator, the CIPC. Although companies still have to comply with an administrative process to inform the CIPC of its decisions, very few company actions are dependent on the regulator's approval.

The Companies Act Responsibility of directors vs the role of the Regulator

The Companies Act reduces the company’s reliance on the regulator, the CIPC. Although companies still have to comply with an administrative process to inform the CIPC of its decisions, very few company actions are dependent on the regulator's approval.

Did you find this useful?