Public Compliance Communications 40
Draft PCC 122 - Special purpose vehicles
Draft PCC 122 – Special purpose vehicles (page 1)
This public compliance communication cross-references 3 linked laws.
Consultation draft - not in force
This item is marked as draft or consultation material. It is kept for lineage and review, but should not be treated as binding guidance unless a final instrument is separately verified.
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Cross-references
Low confidenceDraft PCC 122 - Special purpose vehicles
"Refer to draft PCC 122 on SPV for further requirements in this regard."
Read together with
Low confidenceDraft PCC 122 - Special purpose vehicles
"¹ Refer to the Banks Act, 1990, read together with the Securitisation Regulations, and guidance issued by the of the South African Reserve Bank Prudential Authority."
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Document
FIC
Financial Intelligence Centre
DRAFT PUBLIC COMPLIANCE COMMUNICATION
PUBLIC COMPLIANCE COMMUNICATION
No. 122
GUIDANCE ON THE APPLICATION OF THE FINANCIAL INTELLIGENCE CENTRE ACT, 2001 (ACT 38 OF 2001) TO SPECIAL PURPOSE VEHICLES THAT ARE ACCOUNTABLE INSTITUTIONS UNDER ITEM11 OF SCHEDULE 1 OF THE FIC ACT
2 March 2026
Draft Public Compliance Communication 122 guidance on special purpose vehicles under item 11 of Schedule 1 of the FIC Act
Page 2 of 11
FOR CONSULTATION PURPOSES ONLY
PCC SUMMARY
This public compliance communication (PCC) provides guidance on the practical application of the FIC Act requirements by accountable institutions that are special purpose vehicles, and an overview of certain anti-money laundering, counter terrorist financing and counter proliferation financing vulnerabilities these entities may face.