Expert Legal Compliance in the Financial Services Sector: Couzyn Hertzog and Horak Attorneys

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Welcome to Couzyn Hertzog and Horak Attorneys, where we specialize in providing expert guidance and support across all facets of legal compliance within the dynamic financial services sector.

Our field of expertise include the following:

  • Venture Capital Company licensing: Couzyn Hertzog & Horak can assist potential Venture Capital Company (VCC’s) wanting to operate within South Africa and to understand the regulatory landscape and to meet the requirements of the Financial Sector Conduct Authority (FSCA) and South African Revenue Services (SARS).
    We can assist you with your SARS license and FSCA registration as per the following requirements:

    • Gen-Reg-48-G01 – External Guide for VCC;
    • VCC 001 – VCC Application form;
    • License requirements in terms of section 8(5) of the FAIS Act, 2002.
  • FIC sanctions: Assistance to accountable institutions with Financial Intelligence Centre (FIC) inspections, assessments as well as formal representation to the FIC in terms of section 45 of the FIC Act.
  • FIC and FSCA appeals: Representation of accountable institutions and Financial Service Provider (FSP’s) to appeal or review financial penalties, reprimands or directives at the FIC Appeal Board and the Financial Conduct Authority.
  • Risk Management: Compliance services, including the development and managing of Risk Management and Compliance Programs (Section 42, FIC), Due Diligence measures (Section 21, FIC), AML/ TFS screening measures (Section 28, FIC), FIC reporting duties;
  • Corporate Governance (CGF): The development and management of Corporate Governance Framework (CGF) in accordance with financial sector laws. Corporate entities without solid corporate governance frameworks are susceptible to laundering activities, resulting in corporate failures and sanctions by the regulators.
  • Advice on Directives issued by: FIC, FSCA and the PA regarding regulatory frameworks and the following legislation: Financial Markets Act, Financial Sector Regulation Act, Financial Advisory and Intermediary Services Act (FAIS), FIC Act, Payment Association of South Africa (PASA), the Banks Act, the Consumer Protection Act, the Electronic Communications and Transmissions Act and the Protection of Personal Information Act (POPI).

Explore the difference our expertise can make for your financial services compliance needs. Contact us today to discover how Couzyn Hertzog and Horak Attorneys can support your business.

For more information, contact Marc de Bruyn at Visit our website at

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