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Customer Due Diligence
Disclosure

You may already be aware that South Africa has been placed on the grey list by the Financial Action Task Force (FATF) due to concerns regarding compliance with international standards for preventing money laundering, terrorist financing, and proliferation financing.

When a country is added to the FATF grey list, it signifies heightened risk and necessitates more stringent due diligence. Consequently, real estate brokers are under pressure to bolster their Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) protocols.

Real estate transactions are already deemed high risk and 3Cube is taking proactive measures to align our controls and framework with global standards. This involves collecting precise information about our clients.

PROCEED TO FORM

IMPORTANT NOTICE

Client identification is an international requirement and we, an accountable institution as defined in the Financial Intelligence Centre Act and Regulations, are obliged to verify the identity of our clients, representatives of our clients and the Ultimate Beneficial owners (UBO’s) of our clients.

OUR CLIENTS ARE: TENANTS, LANDLORDS, PURCHASERS & SELLERS

We understand that these additional compliance measures can be cumbersome and frustrating. However, we are required by law to implement these measures. Our goal is to ensure that all parties in a transaction, including ourselves, comply with the provisions of the Financial Intelligence Centre Act. This helps us avoid the need to report any suspicious activity to the Financial Intelligence Centre.

We appreciate your co-operation in this matter – The 3Cube FICA Team

CLICK HERE FOR A LIST OF REQUIRED DOCUMENTS

Number 1 img for section Details of the Contracting Entity

This is the Company or Person/s that entered into a legally binding sale or lease agreement which was facilitated by 3Cube Property Solutions.

Number 2 img for section PERSON AUTHORISED TO COMPLETE THIS CDD DISCLOSURE FORM

You will handle all queries in relation to FICA disclosure and requests for verification documents.

CONTROL & OWNERSHIP
STRUCTURE

According to Section 21B of the FIC Act, we are required to establish the ownership and control structure of our client, and the beneficial ownership of our clients.

Definitions:

People that are family members and/or known close associates of DPEPs, FPEPs or PIPs, although not themselves DPEPs, FPEPs or PIPs, must be treated as though they are.


Number 3 img for section Control Structure

Please list All Executive Directors of the Unlisted Company.

**Add additional Executive Directors where required.

Executive Director 01

ADD EXECUTIVE DIRECTOR

Number 4 img for section Beneficial Ownership Structure

FICA Defines “beneficial owner” in respect of a Company as, the natural person/s who, independently or together with another person, owns the company or exercises effective control of the company.

Please List all Beneficial Owners who control more than 25% Effective interest of the contracting entity.

**Add additional Beneficial Owners where required.

A UBO is always a natural person!

Click here to find out how to determine a UBO with more than 25% Effective ownership

Beneficial Owner 01

ADD BENEFICIAL OWNER
3Cube is committed to protecting and respecting your privacy. We will only use your personal information to administer your account and to provide the services you requested from us.
By completing this Customer Due Diligence Disclosure form, you consent to allow 3Cube to store and process the personal information submitted above to ensure compliance with The Financial Intelligence centre Act 38 of 2001 and all amendments thereto.
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