Compliance - Regulatory / General

International Identity Day 2025: Identity is not a privilege - it’s a right

Ideco calls on South African businesses to treat digital identity as a human right, not just a compliance checkbox.

How HR can safeguard your organisation against FIC violations

In February 2023, South Africa was placed on the Financial Action Task Force’s (FATF) “grey list” after the global watchdog found shortcomings in how the country implemented anti-money laundering (AML) and counter-terrorism financing (CTF) standards.

Ethics and Compliance: From Principles to Practice

Hidden ownership poses a real threat

If you have not yet got to grips with KYC and UBO, you could soon be up FIC creek without a paddle. Ah, the wonders of acronyms, dear reader. In plain English, financial and risk advice practices that ignore rules around Know Your Customer (KYC) and Ultimate Beneficial Owner (UBO) could face censure from the Financial Intelligence Centre (FIC).