Customer-risk classification affects far more than a label in a system. It influences the level of customer due diligence applied, the intensity of monitoring, the

High risk. Medium risk. Low risk. For many financial institutions and accountable institutions, these three categories have become so familiar that they can feel like

As 2026 draws to a close, one message has become increasingly clear across financial crime regulation, supervision and enforcement: having the right policies and frameworks

South Africa’s financial crime compliance environment is entering a different phase. Following the country’s removal from FATF increased monitoring, the immediate focus on grey-list remediation

Double-Hatting in Financial Crime Compliance: Practical Reality or Governance Risk? In South Africa’s financial crime compliance environment, many accountable institutions are trying to answer a

The lines of defence model is familiar to most governance, risk and compliance professionals. In financial crime compliance, however, the model is often quoted more

Financial crime risk is often described as a compliance responsibility. In the South African context, that description is too narrow. The Financial Intelligence Centre Act

This article is adapted from FCRMC’s Q2 2026 newsletter and highlights key financial crime risk developments, regulatory themes and Board-level priorities across South Africa and

Why compliance still feels harder than it should and what’s actually driving it For most Designated Non-Financial Businesses and Professions (DNFBPs), anti-money laundering compliance does

Recently, our company has experienced a wave of CEO fraud emails. None of our team members were caught by them, but the experience was still

Does your operating model still function when pressure increases? Many anti-financial crime (AFC) operating models appear robust in steady conditions. Governance forums meet regularly. Risk

Dear Clients, Business Partners and Consultants, As we progress through the first quarter of 2026, we are pleased to share key developments within FCRMC and