Public Compliance Communications 2
PCC 6A - Guidance on trust and company service providers as item 2
Guidance provided by the Centre is the only form of guidance formally recognised in terms of the FIC Act and the Regulations. (page 2)
This public compliance communication supersedes 1 publication and cross-references 3 linked laws.
Relationships in
No relationships recorded.
Relationships out
Replaces
AI-assistedConfidence 1.0PCC 6
"This PCC 6A replaces PCC 6 to take into consideration the updated definition of item 2 of Schedule 1."
Linked legislation
Cross-references
Low confidenceFinancial Intelligence Centre Act 38 of 2001 1
"2.8.2 The following trusts are excluded from the TCSP definition, as read with section 1 of the FIC Act"
Cross-references
Low confidence
Document
FIC
Financial Intelligence Centre
PUBLIC COMPLIANCE COMMUNICATION
PUBLIC COMPLIANCE COMMUNICATION
No. 6A
GUIDANCE ON TRUST AND COMPANY SERVICE PROVIDERS AS ITEM 2 IN SCHEDULE 1 OF THE FINANCIAL INTELLIGENCE CENTRE ACT, 2001 (ACT 38 OF 2001).
Public compliance communication 6A guidance on the definition regarding a trust and company service provider as Item 2 in Schedule 1 of the Financial Intelligence Centre Act.
Page 2 of 14
PCC SUMMARY
A trust and company service provider (TCSP) is any person in the ordinary course of business who assists their client in the creation, operation and management of a company, or of an external company, a foreign company, a close corporation or a trust. This includes attending to the registration of the business entity with the relevant authority.