FIC to Upgrade goAML Platform for Accountable Institutions

Posted 03 September 2025 Written by Acts Online
Category Compliance

Brought to you by SA Accounting Academy: The Financial Intelligence Centre (FIC) has issued a notice regarding a scheduled upgrade to the goAML platform, which serves as the primary interface for registration and regulatory reporting.

In terms of the Financial Intelligence Centre Act, No. 38 of 2001, the FIC has confirmed that the goAML platform will undergo a substantive upgrade on 15 September 2025. This platform is the mandatory portal through which accountable institutions, reporting persons, and supervisory bodies fulfill their statutory obligations to register with and report to the Centre.

The upgrade is designed to expand the suite of tools available to stakeholders and improve the overall user experience. According to the FIC, the enhanced system will provide more efficient filtering and categorisation of information, thereby strengthening the Centre’s compliance monitoring and preventative analysis capabilities.

The FIC noted that various stakeholders have already participated in user acceptance testing and engagement sessions to facilitate a smooth transition. Additional information sessions are expected to be conducted prior to the implementation date. Accountable institutions are encouraged to review available resources to ensure their internal systems and reporting processes align with the new platform enhancements.

Click here to download the FIC Notice: goAML system to be upgraded.

What this means for you, your business, or your clients

  • For yourself: You must familiarise yourself with the updated goAML interface and reporting tools before 15 September 2025 to maintain your professional competency in AML/CFT reporting.
  • For your business: Your firm, as an accountable institution, must update its internal compliance manuals and ensure that the designated compliance officer is trained on the new platform features to avoid reporting delays or technical errors.
  • For your clients: Clients who are themselves accountable institutions must be advised of the upcoming system downtime and the need to verify that their registration details on goAML are current before the upgrade occurs.

Originally published at https://accountingacademy.co.za/news/read/fic-upgrades-to-goaml-platform

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