Definition of B-BBEE Verification Professional Regulator

Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)

Verification Professional Regulator

Means a body appointed by the Minister for the accreditation of rating agencies or the authorisation of B-BBEE verification professionals;

BizAdvance Consulting comments and references:

Currently these bodies are SANAS (South African National Accreditation System) and the IRBA (Independent Regulatory Board for Auditors)

Comments are based on the opinion of BizAdvance Consulting and may be subject to different interpretations and opinions by other parties. The comments and references are intended as a guide to readers but it is important that they are read in conjunction with the Codes and other related legislation. Please refer to our Disclaimer Policy.