Item 2: (a) A  person who carries on the business of preparing for, or carrying out, transactions for a client, where – 

(i)         the client is assisted in the planning or execution of – 

(aa) the organisation of contributions necessary for the creation, operation or management of a company, or of an external company or of a foreign company, as defined in the Companies Act, 2008 (Act 71 of 2008);

(bb) the creation, operation or management of a company, or of an external company or of a foreign company, as defined in the Companies Act, 2008; or

(cc) the operation or management of a close corporation, as defined in the Close Corporations Act, 1984 (Act 69 of 1984).

(b) A person who carries on the business of–

(i)      acting for a client as a nominee as defined in the Companies Act, 2008; or           

(ii)     arranging for another person to act for a client as such a nominee.

(c) A person who carries on the business of creating a trust arrangement for a client.

(d) A person who carries on the business of preparing for or carrying out transactions (including as a trustee) related to the investment, safe keeping, control or administering of trust property within the meaning of the Trust Property Control Act, 1988 (Act 57 of 1988).

Public compliance communication

• PCC 6A
• PCC 53 – RMCPs

Other materials

• Directive 6
• Draft sector risk assessment – Accountants
• Sector risk assessment – Trust services providers
• Reference guide