We recently posted an article on the potential effects of South Africa being “greylisted”, focused primarily on what this means, why this is...
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The Potential Effects of South Africa being “grey listed”
With South Africa facing possible “grey listing” by the Financial Action Task Force (FATF), as a result of its mutual evaluation report of October...
New Politically Exposed and Prominent Influential Persons Acronyms in Terms of the FIC Act
The past few months have seen a wide variety of important amendments occurring within the Anti-Money Laundering and Combating Terrorism Financing...
New Accountable Institutions in Terms of the FIC Act
At the end of 2022 we published an article to communicate the new categories made in Schedule 1 to the FICA, which is the schedule listing all...
Recent Important FICA Amendments you Should be Aware of
The past few months have seen a wide variety of important amendments occurring within the Anti-Money Laundering and Combating Terrorism Financing...
The New Categories in FIC Act Schedule 1
It is official, the Minister of Finance, has amended schedules to the Financial Intelligence Centre Act.
Learnings From The 2021/2022 Fic Annual Report
The Financial Intelligence Centre recently issued its 2021/2022 Annual Report and we thought it prudent and useful to detail the important...
7 Reasons Why You Should Automate Your FICA Process
There is no doubt that software and digital solutions have forever changed how businesses manage their regulatory compliance. The concept of digital...
