SA Corona Virus Online Portal Logo
CLICK HERE FOR MORE INFORMATION

Secondary

Tag Archives | Systems

Lawssssss

The use of automated transaction monitoring systems – FIC provides guidance

All accountable institutions, reporting institutions and relevant persons (collectively referred to as a “reporter”) has an obligation to monitor, detect and report suspicious or unusual activities and transactions in terms of section 29 of the Financial Intelligence Centre Act. This obligation extends to all products and services that are rendered by the reporter and requires […]

Continue Reading