The Financial Intelligence Centre (FIC) is urging property practitioners to complete and submit their risk and compliance returns in terms of Directive 6 without further delay.   The submission of risk and compliance returns enables the FIC to measure property practitioners’ understanding of money laundering, terrorist financing and...

4, FIC INSPECTIONS Section 45A (1) provides that the Director or the head of a supervisory body, as the case may be, may appoint any person in the service of the centre or supervisory body or any other suitable person as an inspector. Section45B(1)(b) provides that an inspector appointed in terms of section 45A may enter the premises, excluding a...