South Africa’s Financial Intelligence Centre published a report that examines the money laundering and counterterrorist financing risks of money lenders against the security of securities.
South Africa’s Financial Intelligence Centre published a report assessing the money laundering risks of the trust services provider sector.
EU unveils new sanctions against Russian banks, investors sue Credit Suisse, and more, in the midweek roundup.
New evidence reportedly shows ex-Barclays CEO’s links to Jeffrey Epstein, Israel issues AML rules for cryptocurrency, and more, in the midweek roundup.
The Financial Intelligence Centre of South Africa fined ACS Pre-Owned Ltd. R255,575 and separately penalized Atlantis Motors Ltd. R672,526 for various anti-money laundering violations.
The Financial Intelligence Centre of South Africa released administrative measures against seven motor vehicle dealerships and one Kruger rand dealer for violating the Financial Intelligence Centre Act, 2001, including fines totaling R12,507,764.76.
|Compliant : 3||High : 0|
|Largely Compliant : 17||Substantial : 0|
|Partially Compliant : 15||Moderate : 8|
|Non-Compliant : 5||Low : 3|
|Rank : 87/141|
|Score : 4.83/10|
|Rank : 70/180|
|Score : 44/100|
|Rank : 58/133|
|Score : 56/100|