FINANCIAL INTELLIGENCE CENTRE ACT: DRAFT IMPLEMENTATION GUIDELINES OUT FOR COMMENT

FINANCIAL INTELLIGENCE CENTRE ACT: DRAFT IMPLEMENTATION GUIDELINES OUT FOR COMMENT

• 12 June 2026
• Financial Sector
• SA Legal Academy

Please note: On 3 August 2026, the Financial Intelligence Centre published a revised guidance note for implementation. An accompanying consultation feedback report summarises input received on the draft document, some of which is reflected in the new guidance note.

The Financial Intelligence Centre (FIC) has released a draft guidance note on implementing certain aspects of the 2001 FIC Act – calling for input by 26 June 2026.

According to an accompanying notice, among other things the document seeks to clarify:

• ‘the circumstances under which simplified due diligence may not be applied’, and
• risk assessment.

Please click the links below for more information:

• draft guidance note
• notice

Published by SA Legal Academy Policy Watch

Follow us on X @SALegalAcademy (you can also join us on LinkedIn and Facebook)

If you use this information in articles, reports and social media posts of your own, please acknowledge SA Legal Academy Policy Watch as your source

0 COMMENTS

LEAVE A COMMENT