The Financial Intelligence Centre Amendment Act was published in the Government Gazette on 2 May 2017. The key objective being to improve the protection of the integrity of South Africa’s financial system and strengthen its ability to prevent and punish financial crimes such as money laundering, illicit capital flows, tax evasion, corruption, bribery and financing of terrorism.
- Kevin West
- Forensic & Litigation Consulting
- South Africa
- March, 2018