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Filter: FIC
Storm warning for accountable institutions without an updated RMCP

06 May 2025

The storm has passed—but the damage may be just beginning. With the deadline for submitting updated RMCPs now behind us,... accountable institutions that failed to comply could be in the FIC’s crosshairs.

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How big is the Financial Intelligence Centre bite?

13 June 2023

More and more accountable institutions are being targeted by the Financial Intelligence Centre (“FIC”) for failing to comply with their... duties under the Financial Intelligence Centre Act 38 of 2001 (“FIC Act”). But what can happen if you don’t comply?

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Article