With the Financial Action Task Force (FATF) set to announce its decision on South Africa’s greylisting status in the coming weeks, the nation’s...
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Keep informed and updated with the latest in FICA compliance / Anti-Money Laundering News as well as the latest nCino KYC offerings and services.
Webinar Recap: How to Protect Your Business from Fraud & Money Laundering
“Financial crime has become increasingly sophisticated, and for small to medium-sized businesses that may not be able to build their own systems, it...
Everything You Need to Know about the FIC’s Revised Guidance Note 7a
The Financial Intelligence Centre (FIC) on 1 September published Revised Guidance Note 7a, effective September 1, 2025, which replaced both Guidance...
Manual FICA Compliance is Draining Law Firms' Billable Hours – And Risking Crippling Penalties
For law firms across South Africa, the challenge of Financial Intelligence Centre (FICA) compliance is becoming a mounting (and unnecessary)...
What You Need to Know About a Risk Management and Compliance Programme (RMCP)
In May 2025 the Financial Intelligence Centre (FIC) highlighted the importance of having a Risk Management and Compliance Programme (RMCP): “An...
The Hidden Threat: How Financial Crime Continues to Blindside South African Businesses
When it comes to financial crime, the warning signs are almost always there, but not always spotted in time. In South Africa’s current, tightened...
Politically Exposed Clients: The Minefield Zondo Flagged before FATF Greylisting
Accountable institutions face crippling penalties if their KYC screening fails to flag a client as a Politically Exposed Person (PEP). As the nation...
Directive 9: Travel Rule Relating to Crypto Asset Transfers
The Financial Intelligence Centre (FIC) issued Directive 9 that comes into effect on the 1st of May 2025. The Directive outlines compliance...
