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The Financial Intelligence Centre Act (Fica) is a monstrous intrusion into the lives of ordinary South Africans. It adds to the costs of doing transactions, but is easily side-stepped by determined criminals, which is its intended target. It should be scrapped.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.
