Problem
Identification requirements
Scenario
Your principal property practitioner hands you a copy of a selling mandate that your firm has just received from Joe Bloggs CC, a close corporation, instructing the firm to market that close corporation's immovable property for sale. Your principal property practitioner requests you to establish and verify the identity of Joe Bloggs CC in compliance with FICA requirements.
Send an e-mail to Joe Bloggs CC:
I. The information you will need to obtain from the person acting for the close corporation for this purpose and why you would need the info
II. The verification steps that you intend following in pursuance of his instruction (that is, for instance, what documents you will require from the close corporation); and the additional information that you will probably need to complete the verification process.