PPRA Compliance Support for Property Practitioners
Keeping up with PPRA requirements can be time-consuming and costly when mistakes lead to delays, penalties, or interrupted business operations. Our compliance team helps estate agencies and property practitioners meet their regulatory obligations with confidence. Led by professionals who have worked within the PPRA itself, we provide practical guidance, prepare compliant documentation, and help your business remain compliant throughout the year.
Compliance advice from professionals who understand the PPRA from the inside
Regulatory compliance isn't simply about completing forms. It's about understanding what the PPRA expects, implementing compliant business processes, and reducing the risk of delays or enforcement action.
Our Property Practitioner Compliance team works with estate agencies, principal property practitioners, and independent practitioners across South Africa to simplify regulatory compliance.
What sets us apart is our experience. Our department is headed by Johlene Wasserman, and several members of our compliance team previously worked within the PPRA. That firsthand regulatory experience gives us a practical understanding of how compliance requirements are assessed, where agencies commonly encounter difficulties, and how to prepare submissions correctly the first time.
Whether you require assistance obtaining or renewing your Fidelity Fund Certificate, preparing an RMCP (Risk Management and Compliance Programme) to meet your FICA obligations, managing trust account compliance, or navigating broader PPRA regulatory requirements, we provide clear advice and practical support throughout the process.
Our goal is simple: to help you remain compliant while allowing you to focus on serving your clients and growing your business.
Answers to common PPRA compliance questions
Find answers to some of the most common questions property practitioners ask about PPRA compliance, Fidelity Fund Certificates, trust account obligations, and ongoing regulatory requirements.
What is a Fidelity Fund Certificate (FFC)?
A Fidelity Fund Certificate (FFC) is issued by the PPRA and authorises a property practitioner to legally operate and earn commission in South Africa. Without a valid FFC, property practitioners may not lawfully perform regulated property services or claim commission.
Who is required to hold a Fidelity Fund Certificate?
Most property practitioners require an FFC, including principals, estate agents, property brokers, managing agents, and other individuals who perform regulated property practitioner services as defined by the Property Practitioners Act. Agencies must also ensure their business and relevant practitioners remain properly registered.
How do I renew my Fidelity Fund Certificate?
FFC renewals are submitted through the PPRA and require compliance with various statutory obligations. Depending on your circumstances, supporting documents may include trust account information, compliance documentation, and other regulatory requirements. We assist with preparing and submitting the necessary documentation to minimise delays.
What is an RMCP?
An RMCP (Risk Management and Compliance Programme) is a written compliance programme required under the Financial Intelligence Centre Act (FICA). It explains how your business identifies, assesses, manages, and mitigates the risks of money laundering and terrorist financing, and sets out the policies and procedures your agency follows to comply with FICA.
Is an RMCP compulsory for property practitioners?
Yes. Property practitioners that qualify as accountable institutions under FICA are required to develop, implement, maintain, and regularly review an RMCP. Having a compliant RMCP is a fundamental legal requirement and forms part of your broader anti-money laundering (AML), counter-terrorist financing (CTF), and targeted financial sanctions (TFS) compliance obligations. Our team can prepare or review your RMCP to ensure it meets the requirements of the Financial Intelligence Centre Act and is appropriate for your business.
Does my estate agency require a trust account assessment?
If your agency operates a trust account, you will generally be required to comply with the applicable trust account requirements, including annual assessments where required by law. We can advise on your obligations and assist in ensuring your trust account compliance is properly managed.
What happens if my agency is not PPRA compliant?
Failure to comply with PPRA requirements can result in delays in obtaining or renewing Fidelity Fund Certificates, regulatory enforcement, financial penalties, restrictions on trading, or an inability to lawfully earn commission. Maintaining compliance protects both your business and your clients.
Do you provide ongoing compliance support throughout the year?
Yes. Many agencies choose ongoing compliance support rather than only seeking assistance when renewal deadlines arise. We can help keep your compliance documentation current, advise on regulatory changes, and provide practical guidance whenever compliance issues arise.
Need help meeting your PPRA compliance obligations?
Whether you need assistance with your Fidelity Fund Certificate, IMCP, trust account compliance, or broader regulatory requirements, our experienced compliance team is ready to help. Contact us today for practical, professional guidance from specialists who understand the PPRA from both the regulator's and practitioner's perspective.