As you may well be aware, there have been several changes to FICA legislation within the 2022/2023 period, from cash threshold increases for...
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The Wars between the Laws: POPIA v FICA
We often receive questions regarding the intersection between the Financial Intelligence Centre Act (FICA) and the Protection of Personal Information...
Motor Vehicle Dealers are now Accountable Institutions and are required to FULLY comply with FICA
Previously, Motor Vehicle Dealers (MVDs) were listed as Reporting Institutions in the Financial Intelligence Centre Act (FICA). The FIC changed gears...
Motor Vehicle Dealers and Their Inherent Money Laundering Risks
The Financial Intelligence Centre (FIC) has published a Report regarding the inherent money laundering and terrorist financing risks encountered by...
The Importance of FICA Training
According to section 43 of the Financial Intelligence Centre Amendment Act (FICAA), Accountable Institutions must provide ongoing training relating...
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...
