Tag: Financial Intelligence Centre

October brings a dense compliance calendar for financial institutions worldwide. Horizon Scanning’s Regulatory Deadlines Calendar tracks 66 deadlines this month. According to Vixio, of these,...

Banks have long borne the brunt of regulatory scrutiny over anti-money laundering (AML) controls, but life insurers handling large premiums are increasingly attracting the...

Customer due diligence (CDD) has grown from a simple know your customer (KYC) exercise into one of the most demanding parts of the anti-money...

South Africa loses an estimated R100bn a year to financial crime, yet the institutions meant to stop it still work in silos. Organised crime...

Responsible gambling messaging is ubiquitous across sport sponsorships and social media campaigns, yet South Africa's sprawling informal gambling market continues to operate largely unchecked....

Banks and financial institutions are increasingly facing scrutiny for blanket de-risking — a practice designed to mitigate exposure to financial crime but which often...

Luxury property across Africa has long been a magnet for illicit financial activity. From offshore residences used for tax evasion to the seizure of...

In December 2024, the South African Treasury published the draft AML and CTF Amendment Bill, which is now open for public comment.

In the ever-evolving landscape of financial crime, robust regulatory frameworks are indispensable.