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FIC tells sluggish lawyers, estate agents to ‘ramp up’ compliance

FIC tells sluggish lawyers, estate agents to ‘ramp up’ compliance
FIC tells sluggish lawyers, estate agents to ‘ramp up’ compliance

They are holding up SA’s removal from the Financial Action Task Force grey list, and the Financial Intelligence Centre is about to get tough.

The Financial Intelligence Centre (FIC) has labelled the response by lawyers and estate agents to its call in February for these professionals to submit risk and compliance returns (RCRs) that will help SA escape its greylisting as “not good enough.”

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