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Registrations and authorisations of AfriLegacy AI in South Africa

Accountability

Authorisation / Registration

Regulatory authority

National level (South Africa)

Registration and compliance under the Financial Intelligence Centre Act (FICA) and applicable South African anti-money-laundering requirements

Financial Intelligence Centre (FIC), South Africa

AML compliance

Membership of a recognised self-regulatory body for AML and compliance obligations

SRO recognised by FSCA / FIC

Money Transfer / Safekeeping

Registration related to money transmission or custody of client funds where applicable (national and provincial)

FIC and relevant South African financial regulators

Securities & Trading

Broker-dealer or trading-platform registration, where applicable

FSCA / relevant South African authorities

Investment Guidance / Asset Oversight

Registration under applicable investment-advice and asset-management rules, where relevant

FSCA, South Africa

Exchanges and trading platforms

Registration as an alternative trading venue or similar platform, where applicable

FSCA market supervision, South Africa

State-by-State Requirements

Business registration and tax registration in the relevant South African provinces

Companies and Intellectual Property Commission and South African Revenue Service