Financial Intelligence Centre Act 38 of 2001 & Regulations

Financial Intelligence Centre Act 38 of 2001 & Regulations

 

Further Legislative Developments

  • Act amended by the Financial Sector Regulation Act 9 of 2017 with effect from 7 May 2018 (GenN 169 in GG 41549 of 29 March 2018) (p4)
  • Act amended by the Financial Intelligence Centre Amendment Act 1 of 2017 with effect from 1 April 2019 (GN 519 in GG 42360 of 29 March 2019) (p4)
  • Directive 5 of 2019: The usage of an Automated Transaction Monitoring System for the detection and submission of Regulatory Reports to the Financial Intelligence Centre in terms of the Act published (GN 517 in GG 42357 of 29 March 2019) (p4)

Proposed Future Developments

  • Cybercrimes and Cybersecurity Bill, 2017 [B6-2017]
  • Notice of publication of draft withdrawal notice of exemptions and draft amendments to regulations for comment (GN 562 in GG 40916 of 13 June 2017 (p4) and GN R909 in GG 41077 of 30 August 2017 (p4))
  • Notice of publication for comment of draft amendments to the Money Laundering and Terrorist Financing Control Regulations published (GenN 115 in GG 42267 of 28 February 2019) (p4)

 

Contact: myjutapockets@juta.co.za