Guidance Notes 6
Guidance Note 9 - International Funds Transfer Reporting
Guidance provided by the Centre is the only form of guidance formally recognised in terms of the FIC Act and the Money Laundering and Terrorist Financing Control Regulations (MLTFC Regulations) issued under the FIC Act. (page 2)
This guidance note cross-references 5 linked laws.
Relationships in
Cross-references
Low confidenceGuidance Note 9 - International Funds Transfer Reporting
"Refer to Guidance note 9"
Relationships out
Cross-references
Low confidenceGuidance Note 4B - Reporting STRs to the FIC
"When a transaction is deemed to be suspicious, an STR should be submitted to the Centre in terms of section 29 of the FIC Act (refer to Guidance Note 4B for a further discussion on STR reporting)."
Linked legislation
Cross-references
Low confidence
Document
FIC
Financial Intelligence Centre
GUIDANCE NOTE
GUIDANCE NOTE 9
ON INTERNATIONAL FUNDS
TRANSFER REPORTING IN
TERMS OF SECTION 31 OF THE
FINANCIAL INTELLIGENCE
CENTRE ACT, 2001 (ACT 38 OF
2001)
PREFACE
i) Money laundering has been criminalised in section 4 of the Prevention of Organised Crime Act, 1998 (Act 12 of 1998) (POC Act). A money laundering offence may be described as the performing of any act in connection with property that may result in concealing or disguising the nature or source of the proceeds of crime or of enabling a person to avoid prosecution or in the diminishing of the proceeds of crime.