Schedule 2 of fic act
WebPART 2 — FIC provisions in relation to which an improvement notice may be served on and from 13th December 2014 16 ... section 2(2) of, and paragraph 1A of Schedule 2 to, the European Communities Act 1972; (ii) sections 6(4), 16(1), 17, 18, 26, 45 and 48(1) of, and paragraphs 1 and 4(b) of WebNov 30, 2024 · RELEVANT DOCUMENTS. FIC ACT SCHEDULES AMENDMENTS - GOVERNMENT GAZZETTE. Published Date : 2024-11-30 - File Size: 0.23 MB. I, Enoch …
Schedule 2 of fic act
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Web1.1 The PA is a supervisory body in terms of Schedule 1 read with Schedule 2 of the FIC Act for a person who carries on a ‘long-term insurance business’ as defined in the Long-Term Insurance Act 52 of 1998. 1.2 This Directive serves to direct life insurers to undertake specific activities in relation WebApr 14, 2024 · For paragraph 30EK(1)(b) of the Act, in relation to each item mentioned in the tables in Part 1 and Part 2 of Schedule 1, each medicine specified in column 3 (the substitutable medicine) is permitted to be dispensed by a pharmacist in substitution for the scarce medicine specified in column 2, in the circumstances specified in:
WebJul 10, 2024 · As initially proposed in the "crypto asset policy paper" published by the Inter-governmental Fintech Working Group in January 2024, the proposed amendments to Schedule 1 of FICA will include a new item, "crypto asset service providers". The proposed amendment is in line with South Africa's obligation to adhere to FATF Recommendations …
WebJun 23, 2024 · The proposed amendments to Schedules 1, 2 and 3 to the FIC Act seek to strengthen the financial system and improve its resilience against abuse by money … WebThe amendment Act contains a definition of a “Foreign Prominent Public Official” in Schedule 3B to the Act. This is a person who is royalty; or a senior government official; or a senior politician; ... This summary of various parts of the FIC act and the FIC amendment Act is brief and does not include any reference to the regulations.
WebPART 5 Application and modification of other provisions of the Act. SCHEDULE 5. Improvement notices - specified FIC provisions. PART 1 . PART 2 FIC provisions in relation to which an improvement notice may be served on and from 13th December 2014. PART 3 FIC provision in relation to which an improvement notice may be served on and from 13th ...
WebThe proposed amendments to Schedules 1, 2 and 3 to the FIC Act seek to strengthen the financial system and improve its resilience against abuse by money launderers and … roshield telephone numberWebPART 5 Application and modification of other provisions of the Act. SCHEDULE 5. Improvement notices - specified FIC provisions. PART 1 . PART 2 FIC provisions in … storm fate shelf talkerWebSep 19, 2024 · The obligation to identify and verify has had a major makeover. Whereas the heading to Part 1 of Chapter 3 of the FIC Act previously read “Duty to identify clients” it reads after the amendments as “Customer due diligence”. The amendments pertaining to Customer Due Diligence becomes effective on 02 October 2024. storm farms honey mountain view arkansasWebSelect Committee on Finance, 8 Oct Select Committee on Finance, 23 September 2024 - (National Council of Provinces), [Responses by National Treasury and FIC on the public submissions on the Draft Amendment of Schedules 1, 2 and 3 to the Financial Intelligence Centre Act, 2001 (Act No 38 of 2001) submitted in terms of the Financial Intelligence … roshier 1989WebIntelligence Centre Act, 2001 (FIC Act) and released a consultation paper on 23 June 2024 proposing changes to the Schedules of the FIC Act. ... Schedule 2 to the Insurance Act, 2024 and a health service benefit provided by a medical scheme as defined in section 1(1) of the Medical Schemes Act, 1998 ... roshier baileyWebFinancial Intelligence Centre Act, 2001 (Act 38 of 2001, the FIC Act) as determined by Schedules 1, 2 and 3 to the Act with a view to bringing it in line with the current … roshie xingWebAMENDMENT OF SCHEDULE 2 OF THE FINANCIALINTELLIGENCE CENTRE ACT, 2001 By the powers vested in me under Section 75 ofthe Financial Intelligence Centre Act. 2001 … roshier creecy