Tag: Christopher Malan
Money laundering risk compliance – products and services
The significance of having a robust Risk Management and Compliance Programme (RMCP) for combating Money Laundering (ML), Terrorist Financing (TF) and Proliferation Financing (PF), cannot be taken lightly.
DNFBP compliance reporting critical for FATF alignment
Designated Non-Financial Businesses and Professions (DNFBPs) registered with the Financial Intelligence Centre (FIC) have shown positive efforts. Importantly, their commitment has significantly contributed to progress. And as a result, South Africa is now closer to exiting the Financial Action Task Force (FATF) grey list.
