Public Compliance Communications 29
PCC O3 - Refugees and asylum seekers
The Financial Intelligence Centre provides the guidance contained in this Public Compliance Communication in terms of its statutory function under section 4(c) of the Financial Intelligence Centre Act (Act 38 of 2001) (the FIC Act). (page 1)
This public compliance communication cross-references 2 linked laws.
Relationships in
No relationships recorded.
Relationships out
No relationships recorded.
Linked legislation
Cross-references
Low confidenceFinancial Intelligence Centre Act 38 of 2001 21
"In terms of section 21 of the FIC Act an accountable institution may not establish a business relationship or conclude a single transaction with a client unless the accountable institution has taken the prescribed steps to establish and verify the identity of the client."
Cross-references
Low confidenceFinancial Intelligence Centre Act 38 of 2001 22
"(3) An asylum seeker permit referred to in section 22(1) of the Act shall be valid only if a Departmental stamp has been affixed to it."
Document
financial intelligence centre
REPUBLIC OF SOUTH AFRICA
PUBLIC COMPLIANCE COMMUNICATION No.03 (PCC 03) – IDENTIFICATION AND VERIFICATION MATTERS RELATING TO ACCOUNT OPENING PROCEDURES FOR ASYLUM SEEKERS AND REFUGEES IN TERMS OF THE FINANCIAL INTELLIGENCE CENTRE ACT, (ACT 38 OF 2001)
The Financial Intelligence Centre provides the guidance contained in this Public Compliance Communication in terms of its statutory function under section 4(c) of the Financial Intelligence Centre Act (Act 38 of 2001) (the FIC Act).
PCC Summary
The section 22 permit which grants an asylum seeker temporary residence, and the section 24 certificate issued in terms of the Refugees Act, (Act 130 of 1998) (the Refugees Act) does not meet the requirements of an identity document in terms of the FIC Act, and its subordinate legislation.
Only the official Refugee Identity Document and the United Nations Certified Travel Document Passport are regarded as acceptable forms of identification in terms of the FIC Act and its subordinate legislation.