Legacy Nominees is a wholly owned subsidiary of Portfolio Bureau and is an authorised Financial Services Provider (FSP No. 44280) with an external Compliance Officer and Independent Auditors. Legacy complies with all legislative requirements as set out by the relevant regulatory bodies.

Legacy Money Market has been growing people’s money since 1982 and is a recognised and trusted performer. Clients can invest money in a secure and stable way, while enjoying highly competitive returns.

Legacy is licensed to provide advice and intermediary services in the following categories:

- 1.17: Deposits Defined in the Banks Act - exceeding 12 months

- 1.18: Deposits defined in the Banks act - 12 months or less

Please note that, in accordance with legislation, Legacy keeps an updated Conflict of Interest Management policy and disclosure register. This register informs you of all financial and ownership interests that Legacy may become entitled to and lists the associate and business relationships of the FSP. The document ensures transparency in our dealings with our customers and can be requested by emailing info@legacynominees.co.za to obtain a copy.

In the event that you are dissatisfied with any aspect of our service, you can raise a complaint by following the process detailed in our Client Complaint Process.

Compliance with the FAIS Act is monitored by Masthead (Pty) Ltd, a compliance practice approved by the Financial Services Conduct Authority.

Contact Details: Unit 6, Canal Edge 4, Tyger Waterfront, Carl Cronje Drive, Tyger Valley, 7530; PO Box 765, Howard Place, 7450; Tel (021) 686 3588; info@masthead.co.za; www.masthead.co.za

Complaints can be lodged with Legacy Nominees (Pty) Ltd and/or Masthead (Pty) Ltd.

Legacy is committed to maintaining the privacy and security of its clients personal and private information. All information obtained from clients shall remain confidential unless written consent is furnished, or Legacy is required by law to disclose such information. We herewith confirm that Legacy is subject to POPI Legislation and that your information is used solely for the purpose it was intended for. All personal information is stored confidentially. Click here for copy of our Privacy Statement.

The Intermediary promotes the fair treatment of clients by integrating the guidelines and principles in its TCF Policy and in all business dealings with the client. Click here for a copy of the policy.

Whilst every care is taken to ensure that the information on Legacy’s website is current and accurate, please click here to read our full disclaimer notice.

As a responsible financial services provider, we are required to ensure that we abide by all relevant legislation and codes of conduct in South Africa and abroad.

Please review the following information to find out more about the legislation and codes that affect the financial industry and how this can affect you.

The Promotion of Access to Information Act, 2 of 2000 was passed into law to give effect to the constitutional right of access to information that is held by a private or public body and that is required for the exercise or protection of any rights

Kindly refer to Legacy’s PAIA manual for more details.

Financial Intelligence Centre Act 38 of 2001. Governments across the world have agreed to fight organised crime and terrorism by, inter alia, seizing the proceeds of crime and making money laundering an offence. South Africa has also adopted laws to help it comply with its international obligation to fight organised crime and terrorism.

FICA creates money laundering control obligations for financial institutions.

Customer identification is a crucial element of any effective money laundering control system. Legacy is required to implement reasonable measures to identify and verify who our clients are and to prevent criminals from using false or stolen identities to gain access to our services.

Legacy is required to obtain certain information and supporting documents from new customers before accounts can be opened. Furthermore, FICA requires that we regularly re-identify and update the information held for existing clients.

Common Reporting Standards (CRS) is an Organisation of Economic Co-Operation and Development initiative that encourages the exchange of information on a global scale between revenue authorities to ensure completeness of income reported by taxpayers who have investments outside their country of tax residence.

The CRS is a spin-off from US Foreign Account Tax Compliance Act (FATCA) that requires tax reporting on US investors or entities controlled by US investors who hold financial accounts outside the US where non-US participating jurisdictions have entered into agreements to do so.

This is aimed at combating tax evasion.

The Financial Advisory and Intermediary Services Act regulates the provision of financial services to clients. This act is aimed at protecting clients and ensuring that the financial services industry acts in a professional manner.