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...
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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.
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...
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),...
Geographic Risk: Not Everything is Black and Grey
As an Accountable Institution, it is important to have a heightened awareness of what raises alarm bells or suspicion of money laundering and/or...
Ultimate Beneficial Owners – Finding needles in haystacks
Those with less honourable intentions may seek the opportunity to retain control over criminally derived assets while frustrating the ability of law...
