It is official, the Minister of Finance, has amended schedules to the Financial Intelligence Centre Act.
nCino
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.
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...
How to FICA a Deceased Estate
One of the questions we frequently get asked is “How to FICA a Deceased Estate”. Below we will explore what a Deceased/Late Estate (Estate) is and...
Cash Reporting Threshold increase and other Changes to FICA Rules
The Financial Intelligence Centre (FIC) recently issued a media release regarding amendments to the Financial Intelligence Centre Act (FICA),...
Slaying the FICA Misconceptions in the Real Estate Sector
As per the Financial Intelligence Centre Amendment Act 1 of 2017 (FICAA) Estate Agents are included in the classification of Schedule 1 Accountable...
Important Requirements Of The FIC Amendment Act
In our recent article we took a look at The 7 key requirements that need to be met in order to be FICA compliant. Within these 7 key requirements...
The Inherent Money Laundering Risks in the Gambling Sector
The Financial Intelligence Centre (FIC) has recently published a report regarding an assessment into the inherent money laundering and terrorist...
