REGISTER AND REPORT

The Financial Intelligence Centre Act, 2001 (Act 38 of 2001) (FIC Act) introduces a regulatory framework which imposes specific compliance obligations upon all persons, businesses and accountable institutions.

Note: Section 29 applies to all businesses and section 26B applies to all persons.

The compliance obligations

– including accountable institutions registering with and filing of regulatory reports with the Financial Intelligence Centre (FIC) –

are critical to assisting in identifying the proceeds of crime, combating money laundering, terrorist financing and  financing of the proliferation of weapons of mass destruction.

The FIC interprets and analyses the regulatory reports filed by accountable institutions and other persons to produce financial intelligence to support law enforcement, prosecutorial authorities and other competent authorities in their work.

All queries relating to goAML should be directed as follows:

·         LOG a compliance query

·         DOWNLOAD the “goAML Registration Guideline for Accountable Institutions”

·         DOWNLOAD the “goAML IFTR user guide”

·         VIEW the step-by-step videos on how to register or update your details on goAML

·         ACCESS all the user guides

·         FILE a risk and compliance return (RCR)

CONTACT THE FIC CALL CENTRE AT +27 12 641 6000 OPTION 1