Money Laundering and Terror Financing: Law and Compliance in SA 2020
Money Laundering and Terror Financing: Law and Compliance in SA is a practical guide to the legislation around the prevention of money laundering, organized crime and protection against terror financing. Avail
Product details
Money Laundering and Terror Financing: Law and Compliance in SA is a practical guide to the legislation around the prevention of money laundering, organized crime and protection against terror financing. Available Dec 2018.
Whilst the South African Money Laundering & Terror Financing Law looseleaf work gets updated as and when the legislation changes, this more affordable version is ideal as a training manual for students, banks, financial institutions and people involved in the enforcement of anti-money laundering and terrorist activity. It includes all the relevant legislation, FIC guidance notes and FATF recommendations.
Table of contents
Part 1: Commentary
Chapter 1: The combating of money laundering and financing of terrorism
Chapter 2: Development of money laundering and terror financing laws in South Africa
Chapter 3: Key money laundering offences
Chapter 4: Key terror financing offences
Chapter 5: FICA intelligence, policy, supervisory and enforcement framework
Chapter 6: FICA compliance and registration framework
Chapter 7: The duty to report transactions
Chapter 8: Customer due diligence
Chapter 9: Record-keeping and compliance management obligations
Chapter 10: Exemptions
Part 2: Acts
Prevention of Organised Crime Act No. 121 of 1998
Financial Intelligence Centre Act No. 38 of 2001
Protection of Constitutional Democracy Against Terrorist and Related Activities Act No. 33 of 2004
Part 3: Regulations and Exemptions
Part 4: Guidance Notes issued by the Financial Intelligence Centre
Part 5: The FATF Recommendations
