FIC Registration Turmoil
The alarm bells went off just after 8 am last Thursday as we started getting frantic calls from compliance officers about ORG Number notification emails sent to FSPs with instructions how to verify […]
FIC
FICA and your FSB Licence
I recently spoke to a broker in the North-West Province who only conducts short-term business, but is also licenced for several other categories. This is quite common – many of those who applied […]
New Financial Intelligence Centre Directives
The FIC issued two new directives applicable to all accountable and reporting institutions: Directive 1 stipulates that “All institutions registered with the FIC are required to update their registration details only via the […]
Financial Intelligence Centre Directive 01/2013
A recent request from the FIC contained a request for all accountable and reporting institutions to ensure that their records at the Centre are up to date and accurate. The actual directive spelling […]
FIC Request for Information Update
In a directive published last week, the Financial Intelligence Centre (the FIC) requested all institutions registered with it to update their details on the FIC’s electronic platform. In order to verify that your […]
