Legal practitioners paying section 86(2) and (3) trust interest due to the Legal Practitioners’ Fidelity Fund to the incorrect bank accounts
See also: www.fidfund.co.za
Registered auditors are now required to submit an Agreed-Upon Procedure Report on work conducted on the application for refund of bank charges and audit fees
Requirement for registered auditors to conduct agreed upon procedure on the application for a refund of bank charges and audit fees form
Payment of trust interest accrued on trust accounts held in terms of section 86 of the Legal Practice Act, No. 28 of 2014 to the Legal Practitioners’ Fidelity Fund
Payment of Unclaimed and Unknown trust monies in accordance with Section 87(4) of the Legal Practice Act, No. 28 of 2014
Recoverable and non-recoverable bank charges
Updated list of banks that have entered into banking arrangements with the Legal Practitioners’ Fidelity Fund in terms of Section 63(1)(g) of the Legal Practice Act, No. 28 of 2014
LPFF Directive – requirements to conduct AUP on the Application for a refund of bank charges and audit fees form
Communication pertaining to the transitional period of this directive
For updated LPFF notices, please visit: www.fidfund.co.za/trust-accounts/
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