FIC Act 38 of 2001General Laws (AML/CTF) Amendment Bill B15-2026FATF RecommendationsNational Treasury & ParliamentPOPIA
FIC Act 38 of 2001General Laws (AML/CTF) Amendment Bill B15-2026FATF RecommendationsNational Treasury & ParliamentPOPIA
All terms Glossary

CIPC

The Companies and Intellectual Property Commission, South Africa’s official company registry, and the source Lucere checks to verify a juristic client’s registration.

The Companies and Intellectual Property Commission is where every South African company and close corporation is registered: it’s the authoritative source for confirming a juristic client’s legal standing, registered directors, and, increasingly, beneficial ownership filings.

A CIPC check isn’t box-ticking: a company that’s been deregistered, or that’s fallen out of compliance with CIPC’s beneficial ownership filing rules, can lose its legal standing to transact entirely, exactly the risk a mandate with an unverified company exposes an agency to.

See it in practice, not just in theory.

Read how Lucere handles this on features, check the FAQ for common questions, or get started.

Related terms

Beneficial Owner (BO)The natural person(s) who ultimately own or control a company, trust, or other legal entity, even if their name isn’t on the official registration documents.
CDD (Client Due Diligence)The process of identifying and verifying a client’s identity, understanding the nature of their relationship with you, and assessing risk before doing business with them.

Browse the rest of the glossary

Accountable Institution AML (Anti-Money Laundering) FFC (Fidelity Fund Certificate) FIC (Financial Intelligence Centre) FICA (Financial Intelligence Centre Act) KYC (Know Your Customer) PEP (Politically Exposed Person) PPRA RMCP (Risk Management and Compliance Programme) Sanctions Screening Source of Funds STR (Suspicious Transaction Report)