FICA | Industries encouraged to embrace Act
JOHANNESBURG - Amid the ongoing risk of financial crime, DocFox advocates for South African business owners to embrace the Financial Intelligence Centre Act.
With various industries at risk of exploitation by money launderers, terrorists, and proliferation financiers, FICA stands as a shield to businesses.
FICA plays a crucial role in identifying the proceeds of money laundering, terrorist funding and tax evasion and the people behind it.
DocFox’s Risk and Compliance director, Hawken Mcewan spoke with eNCA.