Money Laundering and Terrorist Financing are often used in the same sentence, and while there can be some similarities in terms of process, they are...
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Articles
Keep informed and updated with the latest in FICA compliance / Anti-Money Laundering News as well as the latest nCino KYC offerings and services.
A Guide To Identifying And Reporting Suspicious Behaviours And Transactions
“It’s not who I am underneath, but what I do that defines me.”- Bruce Wayne In the world of compliance the Financial Intelligence Centre (FIC) can be...
The Most Comprehensive DPEP Database in South Africa
When discussing Anti-Money Laundering there has always been the concept of a Politically Exposed Person (PEP) which recognises that people in...
The Best FICA Compliance Partner for Law Firms
According to Schedule 1 of the Financial Intelligence Centre Act (FICA) law firms are classified as Accountable Institutions and so all lawyers,...
Why Regulation is Necessary for the Crypto World
According to a Statista Global Consumer Survey, South Africa is among the top five countries in terms of cryptocurrency ownerships with 17.8% of...
Why You Should Spend More Time On Adverse Media
Adverse media can be defined as unfavourable information that can be found across a variety of news sources, including traditional newspapers, the...
The Cost of FICA Non-Compliance
The Financial Intelligence Centre Amendment Act 1 of 2017 (FICA) is worlds away from a simple add-on to your existing business procedures as it...
Legal Practice Council Warns Members of Non-Compliance
On the 17th of June 2021 the Legal Practice Council (LPC) issued an advisory to all legal practitioners in South Africa. The advisory detailed a...