What a year 2025 has been for South Africa. We witnessed significant progress in the fight against corruption, with billions of rands recovered from...
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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.
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...
From 25% to 5%: South Africa’s New Ultimate Beneficial Ownership (UBO) Guidance Explained
In the ongoing battle against financial crime, South Africa has taken a significant step forward. The Financial Intelligence Centre (FIC) has...
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A Guide on How to Prepare for a FIC Inspection
Notice of a FIC inspection often happens with very little warning. Our expert compliance team has assisted many businesses with guidance regarding...
5 Examples of KYC According to the FIC Act
As an Accountable Institution, one of the key compliance obligations in terms of the Financial Intelligence Centre Act, as amended (FICA), is to...
Prevent Your Business from Being Involved in a Money Laundering Scheme
Money laundering refers to the passing of illicit , or ‘dirty’ money, through a sequence of transfers, changes or commercial transactions that...
There is More to KYC than Credit Checks-Client Risk for Estate Agents
A New Lease on FICAA Compliance: Building a Client Risk Assessment Framework Brick by Brick
