Business Lit Flashcards: This Act was passed to establish a Financial Intelligence Centre and Money Laundering Council to combat money laundering. The Act also places duties on institutions and individuals who may be used to launder money.

Question

This Act was passed to establish a Financial Intelligence Centre and Money Laundering Council to combat money laundering. The Act also places duties on institutions and individuals who may be used to launder money.

Natasha Van Graan · Accepted Answer

Financial Intelligence Center Act 38 of 2001 (FICA)

Business Lit Flashcards

This Act was passed to establish a Financial Intelligence Centre and Money Laundering Council to combat money laundering. The Act also places duties on institutions and individuals who may be used to launder money.

Financial Intelligence Center Act 38 of 2001 (FICA)

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