Apr 20, 2026 | Regulatory
The Financial Intelligence Centre (FIC) has recently brought Directive 11 of 2026 into force following a public consultation process, marking an important development in South Africa’s anti-money laundering (AML) and counter-terrorism financing (CTF) framework. The...
Jun 25, 2024 | Regulatory
Schedules 1 and 3 of the Financial Intelligence Centre Act 38 of 2001 (“FICA”) were amended during December 2022 to include High Value Goods Dealers in the definition of ‘accountable institutions’. A transition period for the amendments was granted for 18 months,...
