South African Money Laundering and Terror Financing Law is a useful guide to the legislation around the prevention of organized crime and protection against terrorism.
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)