Tag: FIC

Cleaning house in the property sector by complying with the Financial Intelligence Centre Act obligations

Failure to comply with the FIC Act obligations increases estate agents’ risk of being abused for money laundering, terrorist financing and proliferation financing.

Are estate agents partly responsible for SA’s greylisting?

Last week, Christopher Malan, FIC executive manager of compliance and prevention, laid the difficulty in getting SA off the FATF’s grey list on the feet of two industries.

Tag: FIC

Cleaning house in the property sector by complying with the Financial Intelligence Centre Act obligations

Are estate agents partly responsible for SA’s greylisting?

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