Question NW1578 to the Minister of Finance

Reply:

1. NATIONAL TREASURY

National Treasury does not have any payments and therefore no commercial contracts relating to suppliers that are registered in the Russian Federation.

2. ASB

Accounting Standards Board has no contracts with Russia.

3. CBDA

The CBDA has not concluded any commercial contracts with (i) the government of the Russian Federation and/or (ii) any other entity based in the Russian Federation since 1 April 2017;. if not, our position in this regard is that the cooperative sector is not driven by external demands to engage commercially with the government of the Russian Federation.

4. DBSA

(a/b) (i) None

(ii) None

(ii) (aa) None

(ii) (bb) N/A

(ii) (cc) N/A

(ii) (dd) None

(ii) (ee) N/A

5. FIC

(b) The Financial Intelligence Centre (FIC) did not conclude any commercial contract with:

1. the government of the Russian Federation and/or
2. any other entity based in the Russian Federation since 1 April 2017 and does not intend to engage or conclude any contract with the Russian Federation in the foreseeable future.

(aa) N/A

(bb) N/A

(cc) N/A

(dd) N/A

(ee) N/A

6. FSCA

a) There are no commercial contracts concluded by the Financial Sector Conduct Authority with the government of the Russian Federation or with entities based in the Russian Federation since 1 April 2017.

7. GEPF

The GEPF did not conclude any commercial contracts with the government of the Russian Federation or any other entity based in the Russian Federation.

The rest of the question falls away.

8. GPAA

The GPAA, have no commercial contracts(i), with the government of the Russian Federation or any other Entity based in the Russian Federation (ii) since 1 April 2017.

9. GTAC

GTAC has had no contracts with the government of Russia or any entity based in the Russian Federation since 1 April 2017.

10. IRBA

The Independent Regulatory Board for Auditors (IRBA) has no commercial Contracts with the Russian Federation and/or any other entity based in the Russian Federation.

As an audit regulator, the IRBA has taken a neutral stance on the conflict, but we recognise the risks and impact of the conflict on our registered auditors that audit South African companies that do business or are affiliated with companies that operate in Russia and Ukraine.

11. LANDBANK

(b) (i) & (ii) Neither Land Bank nor its subsidiaries have concluded any commercial contracts with the government of the Russian Federation or any other entity based in the Russian Federation since 1 April 2017 or prior to that date

Land Bank does not actively seek to conduct business with international companies unless there is a very specialized service that is needed and there are no local companies that can provide these services. These instances are extremely rare.

Should an international company choose to participate in an open competitive process being conducted by Land Bank, Land Bank will treat them as fairly and transparently as any other provider and ensure that all governance processes are followed in line with the prescripts of the PFMA

12. OPFA

The Office of the Pension Funds Adjudicator confirms that it has not concluded any commercial contract with the Russian Federation and/or any entity based in the Russian Federation since 01 April 2017.

13. PIC

The PIC did not conclude any commercial contracts with the government of the Russian Federation or any other entity based in the Russian Federation.

The rest of the question falls away.

14. SARS

SARS do not have commercial arrangements with any companies in the Russian Federation. It should be noted that the SARS register is based on the awards made to service providers’ disclosures and their company registration at CIPC. SARS does not have sight of the ownership status or controlling entities.

15. SASRIA

Sasria has not concluded any commercial contracts with (i) the government of the Russian Federation and/or (ii) any other entity based in the Russian Federation since 1 April 2017.

16. TAX OMBUD

The Office of the Tax Ombud does not currently have or any intention to enter into commercial contracts with the government of the Russian Federation and /or any other entity based in the Rusian Federation since 1 April 2017