Money Laundering and Terror Financing 2018 – Law & Compliance in SA
Detailed Information
- Title: Money Laundering and Terror Financing 2018 – Law & Compliance in SA
- Author/s: Prof. L de Koker (Editor); M Basson; P Smit & J Symington
- Publisher: LexisNexis
- Publication Year: 2018
- ISBN: 9780409129472
A practical guide for useful guide to the legislation around the prevention of money laundering, organized crime and protection against terror financing.
Whilst the South African Money Laundering & Terror Financing Law looseleaf work gets updated as and when the legislation changes, this more affordable version is ideal as a training manual for students, banks, financial institutions and people involved in the enforcement of anti-money laundering and terrorist activity. It includes all the relevant legislation, FIC guidance notes and FATF recommendations.
Part 1: Commentary
- Chapter 1: The combating of money laundering and financing of terrorism
- Chapter 2: Development of money laundering and terror financing laws in South Africa
- Chapter 3: Key money laundering offences
- Chapter 4: Key terror financing offences
- Chapter 5: FICA intelligence, policy, supervisory and enforcement framework
- Chapter 6: FICA compliance and registration framework
- Chapter 7: The duty to report transactions
- Chapter 8: Customer due diligence
- Chapter 9: Record-keeping and compliance management obligations
- Chapter 10: Exemptions
Part 2: Acts
- Prevention of Organised Crime Act No. 121 of 1998
- Financial Intelligence Centre Act No. 38 of 2001
- Protection of Constitutional Democracy Against Terrorist and Related Activities Act No. 33 of 2004
Part 3: Regulations and Exemptions
Part 4: Guidance Notes issued by the Financial Intelligence Centre
Part 5: The FATF Recommendations