SIU Uncovers Maladministration in Free State Bursary Scheme

Posted 02 June 2026

An investigation by the Special Investigating Unit (SIU) under Proclamation 123 of 2023 has uncovered R8.3 million in irregular bursary allocations within the Free State Office of the Premier.

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FIC Clarifies Beneficial Ownership Obligations under FICA

Posted 23 March 2026

The Financial Intelligence Centre has issued guidance on the mandatory identification and verification of beneficial owners under section 21B of the Financial Intelligence Centre Act, No. 38 of 2001.

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AML and Financial Services Regulatory Outlook 2025-2026

Posted 02 February 2026

A review of the regulatory developments in South Africa’s anti-money laundering (AML) regime and financial services sector for 2025 and 2026.

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FIC to Upgrade goAML Platform for Accountable Institutions

Posted 03 September 2025

The Financial Intelligence Centre has announced a significant technical upgrade to the goAML platform, effective 15 September 2025, to enhance reporting and compliance capabilities.

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IRBA Releases 2023/2024 Annual Enforcement Report

Posted 27 June 2025

The Independent Regulatory Board for Auditors (IRBA) has published its 2023/2024 Annual Enforcement Report, detailing a 43% increase in finalised matters and 95 findings of guilt under the Auditing Profession Act.

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