Beware of Financial Intelligence Centre Penalties
This is a decision by the Appeal Board concerning the appeal case Kunene Ramapala Incorporated vs. the Financial Intelligence Centre (FIC). The case revolves...
Budget 2025 – What it means for FICA Compliance and Accountable Institutions
The 2025 Budget Speech held on 12 March 2025, made it clear that financial crime enforcement and compliance are top priorities for the government....
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,...
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 war on financial fraud
Compliance made easy with digital technologies
The digital transformation of financial services has introduced unparalleled convenience, with mobile apps, QR payments, and online onboarding now...
