05/08/2025
📢 FCG Attorneys Update 📢
At FCG Attorneys, Notaries and Conveyancers, we prioritize compliance and transparency! 💼
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. 🔍
To achieve this, we'll need the following documents from you:
✅ Proof of Identity: SA ID card, smart ID card, or passport for individuals, and company registration docs for entities
✅ Proof of Residence: Utility bills or bank statements (not older than 3 months)
✅ Proof of Income Tax and VAT Number: SARS docs confirming your tax and VAT registration
✅ 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. 🚨
At FCG Attorneys, we're committed to keeping your transactions secure and compliant. 💡 Need more details on F**A compliance or assistance with a specific scenario? Contact us today! 📞
**ACompliance