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The Fica Act Ammended: 19 December 2022

List of accountable institutions expanded.

The amended Schedules to the Financial Intelligence Centre Act (Fica) has come into effect on 19 December 2022, and it significantly increases the number of sectors included as accountable institutions.

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Something Else Important in the Industry

Many Institutions still not registered for Fica

This will be a problem in two month's time

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NCR targetting businesses

NCR is going after businesses

Kind of obvious, who else are they going to target? Private Citizens?