Apr 8, 2025
Accountable institutions face crippling penalties if their KYC screening fails to flag a client as a politically exposed person (PEP). As the nation fights to escape its greylisting, technology can identify PEPs without hoping they’ll be kindly forthcoming in...
Apr 2, 2025
SAP is urging South African companies to prepare for incoming plastic legislation to protect profit and the planet. According to a new report launched in partnership with research consultancy Earth Action, business that fail to scale their plastic data management...
Mar 31, 2025
The long-awaited regulations introducing a general business-to-business (B2B) exclusion (although in this case a business-to-registered vendor exclusion) for the electronic services supplied from outside South Africa to specified recipients within the country were...
Mar 28, 2025
South African businesses have suffered massive financial setbacks due to inadequate auditing, with cumulative losses from poor audits and compliance failures running into billions. Through its material irregularities process, the Auditor-General of South Africa...
Mar 24, 2025
The 2025 Budget Speech held on 12 March 2025, made it clear that financial crime enforcement and compliance are top priorities for the government, writes By Sameer Kumandan, MD of SearchWorks360. Increased funding for forensic investigations, regulatory oversight, and...
Mar 19, 2025
The Budget Speech 2025 highlighted the need for reforms and infrastructural development that will revive economic growth. The country’s potential delisting from the FATF greylist in October 2025 will greatly contribute to this by positioning the country as a secure...
