LEGAL & COMPLIANCE
The information on these pages is provided for general purposes only and does not constitute legal or any other professional advice. Each situation has a unique set of circumstances and specific professional advice should therefore be obtained for your particular circumstances and needs. We accept no responsibility for any loss or damage which may arise from reliance on information contained on this Website.
THE FINANCIAL INTELLIGENCE CENTRE ACT (‘FICA’)
As one of several so-called ‘accountable institutions’, attorneys are required to comply with the provisions of the Financial Intelligence Centre Act, no. 38 of 2001 (‘FICA’). This means that, just like banks, estate agents, accountants and stock brokers, for instance, we are required to collect and retain certain information from our clients, and to keep this information on record for the duration of the mandate and for a certain number of years thereafter. In terms of FICA we are also compelled to report money laundering activities.
Should you have any questions or concerns regarding our obligations under the Financial Intelligence Centre Act or the effect this may have on the legal privilege (in terms of which communications between attorneys and clients are protected), please contact Volker Werth, our compliance officer.
THE PUBLIC ACCESS TO INFORMATION ACT (‘PAIA’)
Terms of Engagement
Click here to download our terms of Engagement (PDF document).