FSCA’s Firm Hand: Theuns Vosloo Financial Advisory Services Hit With R400,000 Penalty For Non-ComplianceBy Gugu LourieFebruary 3, 2024 In a bold move echoing the authority’s commitment to financial integrity, the Financial Sector Conduct Authority (FSCA) recently wielded its…
South Africa Advances Efforts To Enhance Anti-Money Laundering SystemsBy AgencyNovember 30, 2023 South Africa has made progress in addressing the 20 technical compliance difficulties in its anti-money laundering system. This is according…
How AI Is Improving Services, Reduce Fraud For Financial ServicesBy Gugu LourieJanuary 31, 2022 With more than 70 billion real-time payment transactions processed globally in 2020, financial institutions need robust systems to prevent fraud…
Report Shows Some Weakness In SA’s Anti-Money Laundering SystemsBy AgencyOctober 8, 2021 A Financial Action Task Force (FATF) report has identified significant weaknesses in parts of the anti-money laundering, counter financing of…
