Tag: AntiMoneyLaundering

White-collar crime in Africa is no longer a predominantly domestic concern. It has expanded onto an international stage, and so has the corporate exposure that comes with it. As capital crosses borders, data moves at the speed of light, and corporate structures become more complex, economic crime has kept pace. It has become more sophisticated, more multinational and increasingly difficult to investigate and prosecute within the confines of a single legal system.

Earlier in November 2025, the South African Reserve Bank announced administrative sanctions against two finance companies. Regulators imposed these sanctions after the companies failed to comply with the Financial Intelligence Centre Act (FICA).

Have you been living the life on social media and not telling SARS? Have you gone on overseas trips to exotic destinations? More so, have you purchased new cars, houses, expensive brand clothes, watches or jewellery? The latest legislative change spans at least 14 government bodies that can conduct lifestyle audits.