Compliance - Regulatory / General

Compliance is key in a post-pandemic world

The impact of Covid-19 spanned many facets of the business world. The policies and controls that prevent an auditing firm from taking on the ‘wrong’ clients or kind of work fall under our Quality and Risk Management (QRM) function, and the pandemic was able to teach us many valuable lessons about compliance in this regard.

FISA makes an urgent submission to the authorities on proposed “beneficiary ownership” relating to trusts

FATF ‘grey list’ lessons for South Africa from Mauritius

As South Africa races to address the deficiencies that the Financial Action Task Force (FATF) has identified in parts of its systems for anti-money laundering and combatting the financing of terrorism (AML/CFT), it might be helpful to take a leaf out of the book of Mauritius.

Lessons from our neighbour: How Mauritius managed to come off the Grey List in record time

It’s been a year since Mauritius was removed from the Financial Action Task Force (FATF) list of countries under enhanced monitoring, commonly referred to as the ‘Grey List.’ Having only been on it for less than two years (February 2020 – October 2021), with it came the automatic removal from the EU’s ‘Blacklist’ and the UK’s list of ‘High-risk third countries.’