Breaking the Myths Around FICA Outsourcing
DocFox Director of Risk and Compliance, Hawken McEwan, answers some of the most commonly received questions on outsourcing FICA requirements.
Can a 3rd party provider...
What is a FICA Compliance Officer?
In terms of the Financial Intelligence Centre Act (“FICA”), one of the seven key compliance obligations, which form the backbone of the legislation, is...
The cost of FICA non-compliance
The Financial Intelligence Centre Amendment Act 1 of 2017 (FICA) is worlds away from a simple add-on to your existing business procedures as it...
The 7 key requirements law firms need to meet in order to be FICA...
The Financial Intelligence Centre Act (FICA) was introduced to fight financial crime, such as money laundering, tax evasion, and terrorist financing activities by making...
Legal Practice Council warns members of non-compliance
On the 17th of June 2021 the Legal Practice Council (LPC) issued an advisory to all legal practitioners in South Africa. The advisory detailed...
FICA yourself
What sounds like a swear word (to which one would take offence), is actually a legally valid requirement. And whilst heavy with compliance obligations,...
