• Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)
    • Notice No. 1262 of 2001
    • Act
    • 1. Definitions
    • 1A. Application of Act when in conflict with other laws
    • Chapter 1 : Financial Intelligence Centre
      • 2. Establishment
      • 3. Objectives
      • 4. Functions
      • 5. General powers
      • 6. Appointment of Director
      • 7. Removal from office
      • 8. Acting Director
      • 9. Proof of appointment
      • 10. Responsibilities of Director
      • 11. Staff
      • 12. Security screening of staff of Centre other than Director
      • 13. Security screening of Director of Centre
      • 14. Funds and financial year of Centre
      • 15. Audit
      • 16. Delegation
    • [Repealed] Chapter 2 : Counter-Money laundering advisory Council
      • 17. [Repealed] Establishment
      • 18. [Repealed] Functions
      • 19. [Repealed] Composition
      • 20. [Repealed] Meetings and procedure
    • Chapter 3 : Control Measures for Money Laundering and Financing of Terrorist and Related Activities - Money Laundering, Financing of Terrorist and Related Activities and Financial Sanctions Control Measures
      • Part 1 : Customer due diligence
        • 20A. Anonymous clients and clients acting under false or fictitious names
        • 21. Identification of clients and other persons
        • 21A. Understanding and obtaining information on business relationship
        • 21B. Additional due diligence measures relating to legal persons, trusts and partnerships
        • 21C. Ongoing due diligence
        • 21D. Doubts about veracity of previously obtained information and when reporting suspicious and unusual transactions
        • 21E. Inability to conduct customer due diligence
        • 21F. Foreign politically exposed person
        • 21G. Domestic politically exposed person and prominent influencial person
        • 21H. Family members and known close associates
      • Part 2 : Duty to keep record
        • 22. Obligation to keep customer due diligence records
        • 22A. Obligation to keep transaction records
        • 23. Period for which records must be kept
        • 24. Records may be kept in electronic form and by third parties
        • 25. Admissibility of records
        • 26. [Repealed] Centre's access to records
      • Part 2A : Financial sanctions
        • 26A. Notification of persons and entities identified by Security Council of the United Nations
        • 26B. Prohibitions relating to persons and entities identified by Security Council of the United Nations
        • 26C. Permitted financial services and dealing with property
      • Part 3 : Reporting duties and access to information
        • 27. Accountable institutions to advise Centre of clients
        • 27A. Powers of access by authorised representative to records of accountable institutions
        • 28. Cash transactions above prescribed limit
        • 28A. Property associated with terrorist and related activities
        • 29. Suspicious and unusual transactions
        • 30. Conveyance of cash to or from Republic
        • 31. Electronic transfers of money to or from Republic
        • 32. Reporting procedures and furnishing of additional information
        • 33. Continuation of transactions
        • 34. Intervention by Centre
        • 35. Monitoring orders
        • 36. Information held by supervisory bodies and South African Revenue Service
        • 37. Reporting duty and obligations to provide information not affected by confidentiality rules
        • 38. Protection
        • 39. Admissibility as evidence of reports made to Centre
        • 40. Access to information held by Centre
        • 41. Protection of confidential information
        • 41A. Protection of personal information
      • Part 4 : Measures to promote compliance by accountable institutions
        • 42. Risk Management and Compliance Programme
        • 42A. Governance of anti-money laundering and counter terrorist financing compliance
        • 42B. Consultation process for issuing guidance
        • 43. Training relating to anti-money laundering and counter terrorist financing compliance
        • 43A. Directives
        • 43B. Registration by accountable institution and reporting institution
      • Part 5 : Referral and supervision
        • 44. Referral of suspected offences to investigating authorities and other public bodies
        • 45. Responsibility for supervision of accountable institutions
    • Chapter 4 : Compliance and Enforcement
      • 45A. Appointment of inspectors
      • 45B. Inspections
      • 45C. Administrative sanctions
      • 45D. Appeal
      • 45E. Establishment of appeal board
      • 45F. Application to court
      • 46. Failure to identify persons
      • 46A. Failure to comply with duty in regard to customer due diligence
      • 47. Failure to keep records
      • 48. Destroying or tampering with records
      • 49. Failure to give assistance
      • 49A. Contravention of prohibitions relating to persons and entities identified by Security Council of United Nations
      • 50. Failure to advise Centre of client
      • 51. Failure to report cash transactions
      • 51A. Failure to report property associated with terrorist and related activities and financial sanctions pursuant to Resolutions of United Nations Security Council
        Nations Security Council
      • 52. Failure to report suspicious or unusual transactions
      • 53. Unauthorised disclosure
      • 54. Failure to report conveyance of cash or bearer negotiable instrument into or out of Republic
      • 55. Failure to send report to Centre
      • 56. Failure to report electronic transfers
      • 57. Failure to comply with request
      • 58. Failure to comply with directives
      • 59. Failure to comply with monitoring order
      • 60. Misuse of information
      • 61. Failure to formulate and implement internal rules
      • 61A. Failure to register with Centre
      • 61B. Failure to comply with duty in regard to governance
      • 62. Failure to provide training or appoint compliance officer
      • 62A. Offences relating to inspection
      • 62B. Hindering or obstructing appeal board
      • 62C. Failure to attend when summoned
      • 62D. Failure to answer fully or truthfully
      • 62E. Failure to comply with directives of Centre or supervisory body
      • 63. Obstructing of official in performance of functions
      • 64. Conducting transactions to avoid reporting duties
      • 65. Unauthorised access to computer system or application or data
      • 66. Unauthorised modification of contents of computer system
      • 67. Definitions
      • 68. Penalties
      • 69. Defences
      • 70. Search, seizure and forfeiture
      • 71. Jurisdiction of courts
    • Chapter 5 : Miscellaneous
      • 72. Act not to limit powers of investigating authorities or supervisory bodies
      • 73. Amendment of list of accountable institutions
      • 74. Exemptions for accountable institutions
      • 75. Amendment of list of supervisory bodies
      • 76. Amendment of list of reporting institutions
      • 77. Regulations
      • 77A. Arrangements for consultations with stakeholders
      • 78. Indemnity
      • 79. Amendment of laws
      • 79A. Amendment of list of domestic politically exposed persons
      • 79B. Amendment of list of foreign politically exposed persons
      • 79C. Amendment of list of prominent influential persons
      • 80. Status of footnotes
      • 81. Transitional arrangements
      • 82. Short title and commencement
    • Schedules
      • Schedule 1 : List of Accountable Institutions
      • Schedule 2 : List of Supervisory Bodies
      • Schedule 3 : List of Reporting Institutions
      • Schedule 3A : Domestic Politically Exposed Person
      • Schedule 3B : Foreign Politically Exposed Person
      • Schedule 3C : Prominent Influential Person
      • Schedule 4 : Amendment of sections of Prevention of Organised Crime Act, 1998 (Act No. 121 of 1998)
  • Regulations
    • Money Laundering and Terrorist Financing Control Regulations
      • Notice No. R. 1595 of 2002
      • 1. Definitions
      • 1A. Prescribed amount of a single transaction
      • [Repealed] Chapter 1 : Establishment and verification of identity
        • [Repealed] Part 1 : Introduction
          • 2. [Repealed] Introductory
        • [Repealed] Part 2 : Natural Persons
          • 3. [Repealed] Information concerning South African citizens and residents
          • 4. [Repealed] Verification of information concerning South-African citizens and residents
          • 5. [Repealed] Information concerning foreign nationals
          • 6. [Repealed] Verification of information concerning foreign nationals
        • [Repealed] Part 3 : Legal Persons
          • 7. [Repealed] Information concerning close corporations and South African companies
          • 8. [Repealed] Verification of information concerning close corporations and South African compa
          • 9. [Repealed] Information concerning foreign companies
          • 10. [Repealed] Verification of information concerning foreign companies
          • 11. [Repealed] Information concerning other legal persons
          • 12. [Repealed] Verification of information concerning other legal persons
        • [Repealed] Part 4 : Partnerships
          • 13. [Repealed] Information concerning partnerships
          • 14. [Repealed] Verification of information concerning partnerships
        • [Repealed] Part 5 : Trusts
          • 15. [Repealed] Information concerning trusts
          • 16. [Repealed] Verification of information concerning trusts
        • [Repealed] Part 6 : General
          • 17. [Repealed] Additional requirements when person acts on authority of another
          • 18. [Repealed] Verification in absence of contact person
          • 19. [Repealed] Accountable institution maintain correctness of particulars
      • Chapter 2 : Record-Keeping
        • 20. Particulars of third parties keeping records
      • [Repealed] Chapter 3 : Client Profile
        • 21. [Repealed] Information to identify proceeds of unlawful activities or money laundering acti
      • Chapter 4 : Reporting
        • 22. Manner of reporting
        • 22A. Information to be reported concerning a terrorist property report
        • 22B. Prescribed amount for cash transaction reporting 
        • 22C. Information to be reported concerning a cash threshold report
        • 23. Information to be reported
        • 23A. Information to be reported concerning a suspicious or unusal activity report
        • 23B. Information to be reported concerning a terrorist financing transaction report
        • 23C. Information to be reported concerning a terrorist financing activity report
        • 23D. Prescribed amount for the reporting of an international funds transfer report
        • 23E. Information to be reported concerning an international funds transfer report
        • 24. Period for reporting
        • 24A. Manner in which and period within additional information to be furnished
      • Chapter 5 : Measures to Promote Compliance and Appeals
        • 25. [Repealed] Internal rules concerning establishment and verification of identities
        • 26. [Repealed] Internal rules concerning the keeping of records
        • 27. [Repealed] Internal rules concerning reporting of information
        • 27A. Period for and manner of registration by accountable institutions and reporting institutions
        • 27B. Period within and manner in which supervisory body must submit written report to Centre
        • 27C. Manner In which appeal is to be lodged and payment of fee
        • 27D. Criteria for supervisory body to request information relating to a report made in terms of section 29
      • Chapter 6 : Miscellaneous
        • 28. Guidance 
        • 29. Offences and penalties and admnistrative sanctions for non-compliance
        • 30. Title and commencement
      • Annexure
        • Form 1 - Suspicious or Unusual Transaction Report [Deleted]
      • Exemptions
        • Interpretation - Definitions
        • Part 1 : General Exemptions
        • Part 2 : Exemptions for insurance and investment providers
        • Part 3 : Exemptions for members of Exchanges
        • Part 4 : Exemptions for attorneys and administrators of property
        • Part 5 : Exemptions for estate agents
        • Part 6 : Exemptions for gambling institutions
        • Part 7 : Exemptions for banks
        • Part 8 : Miscellaneous
        • Exchanges recognised for purposes of the exemption in respect of public companies the securities of which are listed on a stock exchange
  • Notices
    • Second Reporting Exemption in terms of the Financial Intelligence Centre Act, 2001
      • Notice No. R. 1354 of 2004
    • Third Reporting Exemption in terms of the Financial Intelligence Centre Act, 2001
      • Notice No. 1035 of 2006
    • Exemption in Terms of Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)
      • Notice No. R. 454 of 2010
      • 1. Definitions
      • 2. Exemption from Regulations made under Act 38 of 2001
    • Exemption in Terms of Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)
      • Notice No. 471 of 2010
      • 1. Definitions
      • 2. Exemption from Regulations made under Act 38 of 2001
    • Exemption in Terms of Financial Intelligence Centre Act, 2001 (Act No. 38 of 2001)
      • Notice No. 560 of 2010
      • 1. Definitions
      • 2. Exemption from Regulations made under Act 38 of 2001
    • Notice of Adoption of Resolution on Haiti by Security Council of United Nations
      • Notice No. 2691 of 2022
  • Commencements
    • Commencement of Financial Intelligence Centre Amendment Act, 2017 (Act No. 1 of 2017)
      • Notice No. 563 of 2017
    • Commencement of Sections 31 and 56 of Financial Intelligence Centre Act, 2001
      • Proclamation 111 of 2023
  • Directives
    • Directive for conduct within the national payment system in respect of the Financial Action Task Force Recommendations for electronic funds transfers - Effective 15 August 2022
      • Directive No. 1 of 2022
        • Notice No. 2291 of 2022
        • 1. Purpose
        • 2. Definitions
        • 3. Scope of this directive
        • 4. Directive
        • 5. Compliance declarations and inspections
        • 6. Effective date and non-compliance
        • 7. Conclusion
  • Guidance Notes
    • Guidance Note 2
      • Guidance to Financial Services Industries regulated by the Financial Services Board concerning the meaning of the word "Transaction"
        • Notice No. 735 of 2004
        • 1. Introduction
        • 2. Meaning of "transaction" in relation to client identification duties
        • 3. Examples of transactions
    • Guidance Note 3
      • Guidance for Banks on Customer Identification and Verification and Related Matters
        • Notice No. 715 of 2005
        • Preface
        • Anti-Money Laundering and Terrorist Financing Policies and Procedures
          • 1. Board approval of a bank's anti-money laundering and terrorist financing policies
          • 2. Implementation of Guidance Note 1 in respect of a risk-based approach
          • 3. Risk indicators to be used to differentiate between clients
          • 4. Client profiling procedures for high risk clients
          • 5. Client acceptance policies
        • Establishing and Verifying Identities 
          • Natural Persons - South African Citizens and Residents
            • 6. Clarification of an official identity document
            • 7. Clarification of whether the address slip found in identity documents
            • 8. Alternate means of verification if identity document has been lost or stolen
            • 9. Acceptable KYC procedures for non face-to-face verification
            • 10. Status of "faxed copies"
            • 11. Examples of acceptable documentation to verify residential address of natural per
            • 12. Acceptable documents for third party verification
            • 13. Legal incapacity
            • 14. Ongoing client detail maintenance
          • Natural Persons - Foreign Nationals
            • 15. Identification and verification
          • Legal Entities
            • 16. Identification and verification of subsidiaries of listed companies
            • 17. Identification and verification of pension and provident funds
            • 18. Identification and verification of "off the shelf" companies
        • Partnerships
          • 19. The definition of a partnership
          • 20. Clarification of partnership agreements and whether all partners in a partnership
        • Trusts
          • 21. Identification of trusts
          • 22. Identification and verification of each trustee of a trust
        • Organs of State including Government Departments
          • 23. Identification and verification of Government departments and organs of state
        • International Standards and Best Banking Practice
          • 24. Extent to which international standards
        • Politically Exposed Persons (PEPs)
          • 25. Definition of a politically exposed person (PEP)
          • 26. Treatment of PEPS in relation to other high-risk clients
          • 27. Policies for dealing with PEPs
        • Correspondent Banks
          • 28. Measures that need to be put in place in respect of correspondent banking relatio
        • Exemptions
          • 29. Clarification of Exemption 5 - foreign clients
          • 30. Clarification of the difference between Exemptions 5 and 16
        • Glossary
    • Guidance Note 4
      • Suspicious Transaction Reporting
        • Notice No. 301 of 2008
        • Preface
        • Glossary
        • Introduction
        • Part 1 - Who Must Report?
        • Part 2 - What Gives Rise to the Obligation to Report?
        • Part 3 - What is the Nature of a Suspicion?
        • Part 4 - Indicators of Suspicious and Unusual Transactions
        • Part 5 - What are the Implications of making a STR?
        • Part 6 - Process for Submitting STRs to the Centre