Identity verification (IDV): A practical guide to staying FICA compliant
Outlining South African institutions’ IDV requirements according to FICA, and the practical steps needed to achieve compliance.
Category: Uncategorized
PEP screening best practices: a guide for compliance teams
A politically exposed persons check (PEP check) is one of the most consequential steps in any AML compliance programme. Get it right, and you’re identifying elevated risk before it becomes your problem. Get it wrong – or worse, treat it as a one-time box to tick – and you’re exposed to regulatory censure, reputational damage, … Continued
The great convergence: Twin Peaks and the COFI Bill’s unified approach to end siloed compliance
Investigating the goals of the Twin Peaks model and the COFI Bill to align South African institutions under an actionable, unified AML framework.
Casino money laundering: The rising threat of crypto and online gambling
Assessing the rise of cryptoassets in South Africa's growing gambling world, and where AML platforms are integral to lowering money laundering risks.
South Africa’s FATF greylist removal: what has actually improved 6 months after market re-entry
Identifying the positive market effects following South Africa's FATF greylist removal and the AML requirements South African firms must meet to maintain economic growth.
Suspicious Transaction Reports (STRs) and collaborative financial intelligence with the FIC
Actionable tips for how accountable South African institutions can use goAML to compile accurate suspicious transaction activity reports to the FIC.
Purple Group drives customer growth across global markets with RelyComply
Purple Group’s rapid growth exposed the limits of fragmented AML and onboarding systems. By partnering with RelyComply, they’re moving to a unified, scalable compliance framework - enabling faster onboarding and supporting secure global expansion.
RelyComply partners with The Payments Association (TPA) to strengthen AML
RelyComply and The Payments Association (TPA) are joining forces to help payments companies tackle financial crime more effectively.
RelyComply joins the Building Societies Association (BSA) to strengthen financial crime resilience
RelyComply has partnered with the Building Societies Association (BSA) to strengthen AML and financial crime resilience across the UK mutual sector, combining sector expertise with end-to-end compliance capabilities.
Blind bets and AML: Hidden risks in South Africa’s informal gambling world
Understanding South Africa’s informal gambling world: the growing trend of online gambling, its digital AML risks, and the RegTech tools needed to detect evolving typologies.