The Companies and Intellectual Property Commission (CIPC) has announced a major initiative to enforce deregistration for companies failing to comply with the Companies Act, citing widespread non-compliance with Annual Returns, Beneficial Ownership, and other key obligations. The action aims to address the high number of inactive businesses and to mitigate the risks posed by dormant companies, which could be exploited for criminal activities such as money laundering and terrorism financing.

Guest: Rory Voller: CIPC Commissioner 

The Companies and Intellectual Property Commission (CIPC) has announced a major initiative to enforce deregistration for companies failing to comply with the Companies Act, citing widespread non-compliance with Annual Returns, Beneficial Ownership, and other key obligations. The action aims to address the high number of inactive businesses and to mitigate the risks posed by dormant companies, which could be exploited for criminal activities such as money laundering and terrorism financing.
Guest: Rory Voller: CIPC Commissioner&nbsp;

THE MORNING BRIEF

The Companies and Intellectual Property Commission (CIPC) has announced a major initiative to enforce deregistration for companies failing to comply with the Companies Act, citing widespread non-compliance with Annual Returns, Beneficial Ownership, and other key obligations.

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