Public Compliance Communications 39
PCC 50A - Mitigation of loss of intelligence
This PCC guides reporters on certain measures required for the mitigation of lost intelligence data due to the Financial Intelligence Centre (Centre), where a report ought to have been filed and the reporter fails to file the report, or where a reporter files a defective report. (page 2)
This public compliance communication cross-references 8 linked laws.
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Cross-references
Low confidenceDirective 3A - Notification of failure to report
""Directive 3A" refers to the Directive 3A of 2025 on the notification of failure to report as required by the Financial Intelligence Centre in terms of the Financial Intelligence Centre Act, 2001 (Act 38 of 2001), issued in terms of section 43A of the FIC Act and published in Government Gazette 52423 31-3."
Read together with
Low confidenceDirective 3A - Notification of failure to report
"PCC 50A must be read together with the provisions of Directive 3A (click here to access) and goAML Notice 4A (click here to access)."
Linked legislation
Document
FIC
Financial Intelligence Centre
PUBLIC COMPLIANCE COMMUNICATION 50A
Guidance on the measures required for the mitigation of loss of intelligence data due to reporting failures
31 March 2025
Page 2 of 17
PCC SUMMARY
This PCC guides reporters on certain measures required for the mitigation of lost intelligence data due to the Financial Intelligence Centre (Centre), where a report ought to have been filed and the reporter fails to file the report, or where a reporter files a defective report. In these instances the reporter is required to remediate the reporting failure as soon as possible. A defective report includes a rejected report owing to validation failures or where the data submitted in the report is inaccurate or false.