Legal-practitioner obligations

Effective date 1 June 2026

The Directive 11 advisory notice explains the 2026 RCR submission scope and timing.

Effective date 1 March 2026

Relationship-derived from a cited allowlisted publication: The Financial Intelligence Centre (Centre) provides the guidance in terms of section 4 (c) of the FIC Act read with Regulation 28 of the Money Laundering and Terrorist Financing Control Regulations (the Regulations) issued in terms of the FIC Act.

Effective date 1 March 2025

Relationship-derived from a cited allowlisted publication: "Centre" means the Financial Intelligence Centre established in terms of section 2 of the FIC Act.

Effective date 1 March 2024

Relationship-derived from a cited allowlisted publication: The Financial Intelligence Centre (the Centre) provides the guidance contained in this draft PCC in terms of its statutory function in terms of section 4 (c) of the FIC Act read together with Regulation 28 of the Money Laundering and Terrorist Financing Control Regulations (the Regulations) issued in terms of the FIC Act.

Effective date 1 October 2023

PCC 47A is legal-practitioner-specific guidance on Schedule 1 item 1.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: MLTFC Regulation 20 – Particulars of third parties keeping records If an accountable institution appoints a third-party to keep on its behalf any records which that institution must retain in terms of the Act, that institution must, without delay, provide the Centre and the relevant supervisory body with— (a) the third-party’s

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: The Financial Intelligence Centre (Centre) provides the guidance contained in this PCC in terms of its statutory function in terms of section 4(c) of the FIC Act read together with Regulation 28 of the Money Laundering and Terrorist Financing Control Regulations (the Regulations) issued in terms of the FIC Act.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: 38 of 2001, as amended (the FIC Act) read together with Regulation 28 of the Money Laundering and Terrorist Financing Control Regulations (the Regulations) issued in terms the FIC Act.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: 38 of 2001 (the FIC Act) read together with Regulation 28 of the Money Laundering and Terrorist Financing Control Regulations (the Regulations) issued in terms of the FIC Act.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: 38 of 2001, the FIC Act) read together with Regulation 28 of the Money Laundering and Terrorist Financing Control Regulations (the Regulations) issued in terms of the FIC Act.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: 38 of 2001, as amended (the FIC Act) read together with Regulation 28 of the Money Laundering and Terrorist Financing Control Regulations (the MLTFC Regulations) issued in terms of the FIC Act.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: 8.5 The MLTFC Regulation 27D sets out the criteria for supervisory bodies to request information relating to a report made in terms of section 29 of the FIC Act.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: 4.5.2 The beneficiary may be a FPPO as envisaged in section 21F of the FIC Act, or a DPIP in terms of section 21G of the FIC Act; 4.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: "Centre" means the Financial Intelligence Centre established in terms of section 2 of the FIC Act.

Effective date 1 September 2023

PCC 51 addresses DPIP and FPPO measures that accountable institutions must apply.

Effective date 1 September 2023

PCC 53 sets out RMCP guidance for accountable institutions, including legal practitioners.

Effective date 1 September 2023

PCC 55 provides screening guidance linked to Directive 8 obligations.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: In brief, regulation 3 under the FIC Act requires accountable institutions to obtain, among others, the following information from South African citizens and residents:

Effective date 15 May 2026

Directive 11 governs the 2026 risk and compliance return for specified accountable institutions.

Effective date 1 March 2026

Directive 11 governs the 2026 risk and compliance return for specified accountable institutions.

Effective date 1 November 2024

Relationship-derived from a cited allowlisted publication: This Directive applies to accountable institutions listed in items 12 and 22 of Schedule 1 to the FIC Act that are ordering, intermediary or recipient crypto asset service providers, which facilitate or enable the origination or receipt of domestic and cross-border transfers of crypto assets or act as an intermediary in receiving or transmitting the crypto assets for or on behalf of a client.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: use an automated transaction monitoring system (ATMS) to enable them to discharge their obligation of submitting regulatory reports to the Centre in terms of section 29 of the FIC Act read with Regulation 24(3) of the Money Laundering and Terrorist Financing Control Regulations (the MLTFC Regulations). This Directive consists of four parts: 1. Purpose of the Directive 2. Directive 3. Conditions

Effective date 1 September 2023

Directive 8 sets employee screening and scrutinising duties for accountable institutions.

Effective date 1 September 2014

Relationship-derived from a cited allowlisted publication: 1.2 The principal objective of the Centre is to assist in the identification of the proceeds of unlawful activities and the combating of money laundering activities and the financing of terrorist and related activities (section 3(1) of the FIC Act).

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: iii) This guidance is issued in terms of section 4(c) of the FIC Act read with regulation 28 of the Money Laundering and Terrorist Financing Control Regulations (MLTFC Regulations) which empowers the Centre to provide guidance in relation to a number of matters concerning compliance with the obligations of the FIC Act.

Effective date 1 September 2023

Relationship-derived from a cited allowlisted publication: Information to be reported concerning property associated with terrorist and related activities is found in Regulation 22A of the MLTFC Regulations.

Effective date 1 January 2022

Relationship-derived from a cited allowlisted publication: “accountable institution” has the meaning defined in section 1(1) of and Schedule 1 to the Financial Intelligence Centre Act, 2001 (Act No.

Effective date 1 January 2017

Relationship-derived from a cited allowlisted publication: "Financial Intelligence Centre" means the Financial Intelligence Centre established in terms of section 2 of the Financial Intelligence Centre Act;

Effective date 3 December 2001

The FIC Act is the foundational statute for accountable institution obligations.

Effective date 20 December 2002

The MLTFC Regulations are foundational regulations under the FIC Act.