Statistics Act, 1999
R 385
Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)DirectivesDirective for conduct within the national payment system in respect of the Financial Action Task Force Recommendations for electronic funds transfers - Effective 15 August 2022Directive No. 1 of 20221. Purpose |
| 1.1 | The South African Reserve Bank (SARB) hereby issues this directive in terms of section 43A(2) of the Financial Intelligence Centre Act 38 of 2001, as amended (FIC Act), to provide for the conduct of accountable institutions relating to ‘wire transfers’ or electronic funds transfers as prescribed by Financial Action Task Force (FATF) Recommendations. |
