Financial Intelligence Centre Act definition

Financial Intelligence Centre Act means the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001);
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Financial Intelligence Centre Act. ’ means the Financial Intelligence Centre Act, 50
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Financial Intelligence Centre Act means the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001), and the regulations made in terms of that Act;
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Examples of Financial Intelligence Centre Act in a sentence

  • In this regard, the Service Provider’s particular attention is drawn to the requirements of the Occupational Health and Safety Act (OHSA) and its regulations as well as to the Financial Intelligence Centre Act (FICA).

  • The Client agrees to provide all documentation and information required in terms of the Financial Intelligence Centre Act, No. 38 of 2001, and understands that the Manager is prohibited from processing any transactions on the Client's behalf until all such documentation and information has been received unless the FICA submission and declaration has been completed by the Financial Adviser.

  • In terms of the Financial Intelligence Centre Act (FICA), every business and every employee of every business is required to report specified unusual and suspicious transactions that a client may conclude with the business to the Financial Intelligence Centre (FIC).

  • FICA REQUIREMENTS In terms of the Financial Intelligence Centre Act, 2001 (“FICA”) Prescient requires a copy of each of the following documents: An “ID document” means a document containing a photo, full names, date of birth and ID number, a passport or a valid driver’s licence.

  • FICA REQUIREMENTS In terms of the Financial Intelligence Centre Act, 2001 (“FICA”) the Manager requires a copy of each of the following documents: An “ID document” is a clear copy of a green, bar coded ID book, both sides of a smart ID card, a passport or a valid driver’s license on which the photo, ID number, name and surname and nationality of the person is visible.

  • I, the financial advisor, declare that I have established and verified the identity and residential address of the investor and, where applicable, the person acting on behalf of the investor, according to the requirements of the Financial Intelligence Centre Act and other applicable anti-money laundering laws and regulations.

  • Such documentation and other evidence as is reasonably requested by the Facility Agent (for itself or on behalf of any other Finance Party) to carry out and be satisfied that it has complied with all necessary know your customer or similar identification procedures under applicable laws and regulations (including the Financial Intelligence Centre Act, 2001) pursuant to the transactions contemplated in the Finance Documents.

  • The Lessee acknowledges the Lessor’s duty to comply with the Financial Intelligence Centre Act 31 of 2001 as amended and hereby agrees to provide the Lessor, within 5 (five) business days of the signature hereof, with the relevant documentation as required by Law, as per Annexure C attached hereto.

  • The Financial Intelligence Centre Act (FICA) requires that financial services providers must assist in combatting all criminal activities, including money laundering and financing terrorism.

  • The FSP declares and confirms in terms of the Financial Intelligence Centre Act, No 38 of 2001 (the Act) that: I have identified and verified the details of the parties to this contract and transaction in terms of the requirements of Section 21 of the Act.


More Definitions of Financial Intelligence Centre Act

Financial Intelligence Centre Act means the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001);"; (j) by the insertion in subsection (1) after the definition of ''fixed platform'' of the following definition:
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Financial Intelligence Centre Act means the Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001); "financial products" has the same meaning as that contained in section 1 of the FAIS Act, and by definition includes JSE authorised investments;"financial services provider"has the same meaning as that contained in section 1 of the FAIS Act;"foreign commodity derivatives"means those commodity securities which are cash settled derivative instruments and the financial terms of which are determined by an underlying foreign referenced commodity;"foreign exchange risk requirement"means the risk requirement of a trading member in relation to positions or client obligations which are exposed to changes in the value of foreign currencies relative to the Rand, determined by the JSE by directive;“forward transaction”means a transaction in bonds in which the counterparties to the transaction agree to settle the transaction on a settlement date which is more than three business days after the trade date;“FSR Act”means the Financial Sector Regulation Act 9 of 2017;8"futures contract"means a contract, the effect of which is that -(a) a person agrees to deliver the underlying instrument to or receive it from another person at an agreed price on a future date; or(b) a person will pay to or receive from another person an amount of money according to whether, on the future date, the price or value of the underlying instrument is higher or lower than the agreed price on that future date,in accordance with these rules and the contract specification of the futures contract and which is included in the list of IRC securities kept by the JSE in terms of the Act;“Guarantee Fund”means a Compensation Fund as contemplated in terms of Section 8(1)(h) of the Act, out of which shall be paid claims arising from the default of a trading member in accordance with the rules of the fund;"in writing"has the same meaning as that contained in section 1 of the Act;
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Related to Financial Intelligence Centre Act

  • Financial Intelligence Unit means the Financial Intelligence Unit established under section 4 of the Anti-Money Laundering and Counter-Terrorism Financing Act No. 13 of 2014;

  • artificial intelligence system (AI system) means software that is developed with one or more of the techniques and approaches listed in Annex I and can, for a given set of human-defined objectives, generate outputs such as content, predictions, recommendations, or decisions influencing the environments they interact with;

  • Financial aid means loans and/or grants to needy students

  • Rebate Analyst means the person or firm selected by the Issuer to calculate the Rebate Amount, which person or firm shall either be a firm of attorneys or independent certified public accountants with expertise in the calculation of the Rebate Amount.

  • Public resources means water, fish, and wildlife and in addition means capital improvements of the state or its political subdivisions.

  • public road means a road as defined by the Road Traffic Xxx 0000;

  • Artificial intelligence or “AI” means technology that can make decisions, create predictions,

  • Data Services The Customer will receive a discount equal to 25% for the following Data Services: Access: Standard VBS2 Guide local loop charges for DS-1 Access and DS-3 Access Service.

  • Emerging small business means a small business concern whose size is no greater than 50 percent of the numerical size standard for the NAICS code designated.

  • Environmental Management Framework or “EMF” means the policy framework for environmental management, approved by the Project Implementing Entity’s Board of Directors on July 21, 2009, which sets forth the environmental policies and procedures that shall apply to the carrying out of the Project.

  • Flood Boundary and Floodway Map (FBFM means an official map of a community, issued by the FEMA, on which the Special Flood Hazard Areas and the floodways are delineated. This official map is a supplement to and shall be used in conjunction with the Flood Insurance Rate Map (FIRM).

  • the trunk road means the A590 Trunk Road;

  • Montreal Convention means the Convention for the Unification of Certain Rules Relating to International Carriage by Air, signed at Montreal, May 28, 1999.

  • Public safety officer means a member serving a public

  • Financial Centre means such financial centre or centres as may be specified in relation to the relevant currency for the purposes of the definition of “Business Day” in the ISDA Definitions or indicated in the Final Terms or, in the case of Covered Bonds denominated in euro, such financial centre or centres as the Calculation Agent may select.

  • Research Analyst means any individual employed by Loomis Sayles who has been designated as a Research Analyst or Research Associate by Loomis Sayles. A person is considered a Research Analyst only as to those Covered Securities which he or she is assigned to cover and about which he or she issues research reports to other Investment Persons or otherwise makes recommendations to Investment Persons beyond publishing their research. As to other securities, he or she is simply an Access Person.

  • Conference center means a facility that:

  • Natural resources means all land, fish, shellfish, wildlife, biota,

  • Environmental Management System means an environmental management system or plan of management to address all environmental risks and to ensure compliance with all Environmental Laws and licences;

  • Credentialed Evaluator For purposes of this policy, each teacher subject to evaluation will be evaluated by a person who:

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Expansion to an existing manufactured home park or subdivision means the preparation of additional sites by the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads).

  • International Financial Reporting Standards or “IFRS” means the accounting standards issued or endorsed by the International Accounting Standards Board.

  • Hospitality Package means any official hospitality package created by MATCH Hospitality comprising a Ticket and certain Match-day hospitality benefits and services to be provided at any Hospitality Facility in connection with the FIFA World Cup Qatar 2022™. Hospitality Packages do not include services or benefits provided other than at a Hospitality Facility, such as (without limitation) ground transportation, air travel or overnight accommodation services.

  • Limited Liability Company Agreement means the Amended and Restated Limited Liability Company Agreement of the Depositor, dated as of March 1, 2001, executed by Ford Credit, as sole member; or the Limited Liability Company Agreement of Ford Credit, dated as of April 30, 2007 and effective on May 1, 2007, as the context requires.

  • District and high school graduation report means a report of the number of pupils, excluding adult education participants, in the district for the immediately preceding school year, adjusted for those pupils who have transferred into or out of the district or high school, who leave high school with a diploma or other credential of equal status.