The FIC officially publishes final Directive 11 (2026 RCR Submissions)

High Court halts FIC fines backdating, fines for attorneys are now limited to post-Dec 2022

The National Treasury has released the Draft General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2025

ClientScanner’s new feature - “Last Review Date” automates your FICA compliance schedule by tracking full reviews and calculating next deadlines using your Risk Matrix

FIC Act requires employee vetting in RMCP: checking competence, integrity, TFS sanctions, keeping records, and re-screening by risk.

The Financial Intelligence Centre’s 2024/25 Annual Report highlights its clean audit, recovery in criminal proceeds, stronger AML/CFT actions, and progress toward South Africa’s FATF de-greylisting.

ClientScanner now exports risk questions, answers, and the Risk Legend into PDFs, giving you a single, complete FICA document with all assessment details in one place.

The FIC’s goAML platform is upgrading to version 5.4. From 15 September 2025, all submissions must use the new schema.

Discover ClientScanner's new feature: Next Review Date Notifications. Stay updated on overdue & upcoming FICA reviews with weekly automated scans, alerts, and exportable review lists.

The FIC is hosting a series of informative webinars during July which will focus on RMCP's.

ClientScanner now features Automated Daily UN Sanction Scanning, with results shown in a new Notifications section, ensuring daily compliance without affecting system performance.

Accountable institutions in a group may adopt a group-wide RMCP, but it must reflect each entity's unique risks, ensure tailored processes and comply with all FIC requirements.

The FIC has launched its official WhatsApp channel to help stay informed about latest compliance guidelines

The FIC has issued guidance on reporting failures, outlining key requirements, steps for remediation, and how to avoid non-compliance with PCC 50A, Directive 3A and Notice 4A.

Accountable institutions must submit RMCPs by 12 March 2025 per FIC’s request. FIC reported low submission rates—act now to avoid penalties.

High-value goods dealers are key in combating money laundering. Recognizing red flags and reporting suspicious transactions helps curb financial crime.

South Africa steps up its fight against money laundering and terrorism financing with new AML and CTF reforms. Explore key legislative updates and efforts to exit the FATF greylist in our latest blog.

South Africa intensifies efforts to exit the FATF grey list by deregistering non-compliant NPOs.

Fraud leads SA financial crime at 26%, highlighting why accountable institutions must enhance customer due diligence, risk assessment, and screening to prevent costly exposure to financial crime.

Explore South Africa's struggle to exit the FATF greylist by January 2025, despite recent AML/CFT improvements. Discover the challenges and initiatives shaping its fight against financial crime.

Client lists can now be exported from ClientScanner.

Employee screening is a vital yet overlooked FIC Act requirement.

FIC's PCC59: Shifting UBO ownership thresholds from 25% to 5% for enhanced risk management.

South Africa's exit from the FATF grey list is hindered by low compliance in key sectors like legal practitioners and estate agents. The FIC urges better cooperation to avoid economic risks.

South Africa is on track to exit the Financial Action Task Force (FATF) greylist by June 2025.

The FIC Act mandates accountable institutions to screen clients and compliance with the FIC Act requires checking all prospective clients and not only South African or only Foreign Clients.

A year after South Africa's greylisting by the FATF, significant improvements have been made to its AML and CFT framework.

Learn about the introduction of bulk uploads for efficient client screening, the tailored risk matrix setup for precise risk assessment.

Discover ClientScanner's latest updates designed to revolutionize your FICA compliance.

FSCA fined Ashburton R16m for FICA breach. This stresses financial rules' importance in trust & integrity. It's a warning of non-compliance's consequences.

FICA Audit Preparation Guide for South African Businesses | Compliance Essentials

Discover Client Scanner's latest feature: Client Risk Rating. Elevate your FICA compliance with our innovative risk matrix framework, seamlessly integrating with our comprehensive compliance tools. Stay protected and compliant effortlessly.

Discover the expanded list of accountable institutions as defined by FICA in South Africa for 2023, and learn how these entities are pivotal in the nation's AML and CFT frameworks.

Explore the evolving role of Politically Exposed Persons (PEPs) in South Africa's compliance landscape under FICA and AML regulations.

Explore the critical world of Sanctions Screening and FICA Compliance in South Africa. Learn about the latest software enhancements, ID verification, and how it strengthens financial security while ensuring international regulatory compliance.