In order to offset the risk of money laundering as prescribed by FIC’s Anti-Money
Laundering and Counter-Terrorism Financing Legislation (ed. 2018),
Financial Intelligence Centre Act, No 38 of 2001 (“FICA”). Assist in the identification of
proceeds on unlawful activities. Combat money laundering. Combat the financing of terrorist
and related activities.
all employees at Zulberg Estates cc are committed to the following best practices in terms
of the Anti-Money Laundering policy.
 All Estate Agents are currently defined as Reporting Institutions for FIC, and all legalities
and requirements will be adhered to.
 Any cash deposits through a local bank above the R24,999 threshold will be reported as
per FIC requirements. No cash will be received at our offices.
 Suspicious activities and transactions (even those that do not comply with the above
requirements) will be treated as suspicious and will be reported to FIC without notification.