How life insurance can create opportunities for financial criminals to launder money
Long policy terms, flexible premiums, and lax monitoring are turning life insurance into a laundromat for dirty money. Here's how insurers can close the gap.
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News and Resources
The latest insights, opinions and events from the world of fincrime compliance.
AML accountability in insurance: when non-compliance roles become the unknowing MLRO
Unwrapping the effects of AML accountability on insurers’ non-compliance teams and where they can support business-wide regulatory obligations.
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Examining the increasing stakes for CDD at South African firms
A comprehensive look into modern customer due diligence (CDD) nuances for South Africa’s accountable institutions under FICA requirements.
RelyComply cyber incident: what happened and what you can do
RelyComply’s official notice on the September 2026 cyber incident: what happened, what we have done, and what you can do.
Why adverse media screening remains a misunderstood AML afterthought
Modern AML requires integrated adverse media screening, where these common hurdles have seen the process convolute compliance investigations.
Beyond the fine: The true cost of AML compliance failure in South Africa
Evaluating four impactful effects on business growth that can follow investigations and fines for poor AML compliance controls in South Africa.
5 crucial AML signs you can learn from your existing underwriting data
A practical five-step guide to spotting suspicious policyholder behaviour, with AML, fraud, and underwriting data treated as connected intelligence.
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.
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.