05/08/2025
π’ FCG Attorneys Update π’
At FCG Attorneys, Notaries and Conveyancers, we prioritize compliance and transparency! πΌ
When we receive cash payments from clients in South Africa, we must comply with the Financial Intelligence Centre Act (F**A) requirements. This means verifying your identity and ensuring the transaction isn't suspicious. π
To achieve this, we'll need the following documents from you:
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Proof of Identity: SA ID card, smart ID card, or passport for individuals, and company registration docs for entities
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Proof of Residence: Utility bills or bank statements (not older than 3 months)
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Proof of Income Tax and VAT Number: SARS docs confirming your tax and VAT registration
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Client Mandate: A written mandate outlining the terms of our attorney-client relationship
We also must report suspicious transactions to the Financial Intelligence Centre within 15 days and retain records for at least 5 years. This is crucial for preventing money laundering, terrorist financing, and other financial crimes. π¨
At FCG Attorneys, we're committed to keeping your transactions secure and compliant. π‘ Need more details on F**A compliance or assistance with a specific scenario? Contact us today! π
**ACompliance