Regulatory Alerts2024-10-02
FSCA Communication 39 of 2024 (AMLCFT)
The Financial Sector Conduct Authority (FSCA) issued this communication to direct accountable institutions to a newly published webinar detailing money laundering, terrorism financing, and proliferation financing risks. The session outlines mandatory procedures for conducting business risk assessments, establishing compliance programmes, and addressing recent inspection findings. Institutions must review the webinar on the FSCA’s YouTube channel and consult the official publication for comprehensive regulatory guidance.
FSCA COMMUNICATION 39 OF 2024 (AML/CFT) WEBINAR FOR ACCOUNTABLE INSTITUTIONS: SEPTEMBER 2024
- Purpose The purpose of this Communication is to inform accountable institutions supervised by the Financial Sector Conduct Authority (FSCA) under the Financial Intelligence Centre Act, No. 38 of 2001 that it has posted a webinar on money laundering and related risks, and to provide additional information in this regard.
- Details of webinar Topic: Understanding money laundering (ML), terrorism financing (TF) and proliferation financing (PF) risks Date posted: 9 September 2024 Contents: • Understanding ML/TF/PF risks • Conducting an ML/TF/PF business risk assessment • Risk management and compliance programme • Related inspection findings Link: Click here to access the webinar on the FSCA’s official YouTube channel.
- Enquiries 3.1 For more information about this Communication and the above webinar, please contact Mrs Michele Fourie at: michele.fourie@fsca.co.za. 3.2 This Communication is available on the FSCA’s website (www.fsca.co.za) at the following path: Home > Regulatory Frameworks > Industry Communication > AMLCFT
FSCA Communication FARZANA BADAT DEPUTY COMMISSIONER FINANCIAL SECTOR CONDUCT AUTHORITY Date of publication: 2 October 2024
Share