South African Money Laundering & Terror Financing Law
A useful guide to the legislation around the prevention of organized crime and protection against terrorism. Updates are not included in the price and are billed on a pay as you go basis.
One Year Subscription Only Terms
Subscribers receive the product(s) listed on the Order Form and any Updates made available during the annual subscription period. Shipping and handling fees are not included in the annual price.
Subscribers are advised of the number of Updates that were made to the particular publication the prior year. The number of Updates may vary due to developments in the law and other publishing issues, but subscribers may use this as a rough estimate of future shipments. Subscribers may call Customer Support at 800-833-9844 for additional information.
Subscribers may cancel this subscription by: calling Customer Support at 800-833-9844; emailing customer.support@lexisnexis.com; or returning the invoice marked 'CANCEL'.
If subscribers cancel within 30 days after the product is ordered or received and return the product at their expense, then they will receive a full credit of the price for the annual subscription.
If subscribers cancel between 31 and 60 days after the invoice date and return the product at their expense, then they will receive a 5/6th credit of the price for the annual subscription. No credit will be given for cancellations more than 60 days after the invoice date. To receive any credit, subscriber must return all product(s) shipped during the year at their expense within the applicable cancellation period listed above.
Product description
A useful guide to the legislation around the prevention of organized crime and protection against terrorism. Updates are not included in the price and are billed on a pay as you go basis.
Key money laundering and terror financing offences are discussed along with the money laundering and terror financing control institutions in South Africa. Record- keeping and compliance management obligations are covered and all relevant legislation is included along with the Guidance Notes issued by the Financial Intelligence Centre.
Table of contents
The combating of money laundering and financing of terrorism
Development of money laundering and terror financing laws in South Africa
Key money laundering offences
Key terror financing offences
FICA intelligence, policy supervision and enforcement framework
FICA compliance and registration framework
The duty to report transactions
Customer due diligence
Record-keeping and compliance management obligations
Money Laundering Control Regulations
Confiscation and Forfeiture
Acts and Regulations
Acts and Regulations including the Financial Intelligence Centre Act, No. 38 of 2001 (FICA) and Prevention of Organised Crime Act, No. 121 of 1998 (POCA)