The Financial Intelligence Centre Act 38 of 2011 (FICA) was introduced by the Legislature in order to combat financial crime, such as money laundering, tax evasion and terrorist-financing activities. It imposes an obligation on all businesses within South Africa to ensure that they know who their clients are and what their source of funding is. The Authority created by the Act (the Financial Intelligence Centre) has the power to impose fines of up to R10 million as well as criminal sanctions. It is thus vitally important for all businesses to ensure that they are compliant with this legislation. The firm prepares and implements business strategies and offers a FICA training programme for your employees, in order to protect your business.