Fickle

The South African FIC corpus, mapped.

Corpus last synced 15 May 2026 at 11:22 SAST.

Automated best effort research support. Fickle uses deterministic rules and AI assistance to resolve relationships and statuses where it can. It can be wrong, incomplete, or superseded. Check the cited source before relying on it.

Statutes section 27

Section 27: Accountable institutions, reporting institutions and persons subject to reporting obligations to advise Centre of clients

In force from 2 October 2017

## 27. Accountable institutions, reporting institutions and persons subject to reporting obligations to advise Centre of clients

If an authorised representative of the Centre requests an accountable institution, a reporting institution or a person that is required to make a report in terms of section 29 of this Act to advise–

(a) whether a specified person is or has been a client of the accountable institution, reporting institution or person;

(b) whether a specified person is acting or has acted on behalf of any client of the accountable institution, reporting institution or person;

(c) whether a client of the accountable institution, reporting institution or person is acting or has acted for a specified person;

(d) whether a number specified by the Centre was allocated by the accountable institution, reporting institution or person to a person with whom the accountable institution, reporting institution or person has or has had a business relationship; or

(e) on the type and status of a business relationship with a client of the accountable institution, reporting institution or person,

the accountable institution, reporting institution or person must inform the Centre accordingly.