The Financial Intelligence Centre has issued a publication providing indicators developed from case studies to assist members in identifying potential criminal financial activity. In this publication the FIC uses case studies to illustrate how criminal incidents can occur and how criminals operate.
All FSPs and their staff have an obligation to report such activities to the Financial Intelligence Centre in terms of the FIC Act and failure to do so can constitute an offence, with resulting severe penalties if found guilty.
Please click below to learn more:
MONEY LAUNDERING TYPOLOGIES AND INDICATORS
Members are welcome to contact Joe Kotzé for any further information:
Tel: 012 665 0085
E-mail: joe@fia.org.za
