Compliance Legislation Pack
R 1125.00
Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)DirectivesDirective for Screening of employees for competence and integrity and scrutinising of employee information against applicable targeted financial sanctions lists as a money laundering, terrorist financing and proliferation financing control measureDirective 8 of 20233. Effective date and non-compliance |
| 3.1 | This Directive becomes effective on date of publication in the Government Gazette. |
| 3.2 | Failure to comply with this Directive may result in the imposition of an administrative sanction, in accordance with section 45C of the FIC Act. |
