South African Institute for Drug Free Sport Act, 1997
R 385
Chapter 3 : Money Laundering, Financing of Terrorist and Related Activities and Financial Sanctions Control MeasuresChapter 3 : Control Measures for Money Laundering and Financing of Terrorist and Related Activities - Money Laundering, Financing of Terrorist and Related Activities and Financial Sanctions Control MeasuresPart 1 : Customer due diligence20A. Anonymous clients and clients acting under false or fictitious names |
An accountable institution may not establish a business relationship or conclude a single transaction with an anonymous client or a client with an apparent false or fictitious name.
[Section 20A inserted by section 8 of the Financial Intelligence Centre Amendment Act, 2017 (Act No. 1 of 2017)]
