Webber Wentzel's practical guideline for accountable institutions

​​​​​​​​​​​On 31 March 2023, the Financial Intelligence Centre (FIC) issued a directive requiring accountable institutions to screen employees for competence and integrity to help manage the risks of illegal activities.

In this practical guideline, our experts, Peter Grealy, Dhevarsha Ramjettan, Kent Davis, Keah Challenor, Prineil Padayachy and Mateen Memon, summarise the directive and how it applies to accountable institutions.



These materials are provided for general information purposes only and do not constitute legal or other professional advice. While every effort is made to update the information regularly and to offer the most current, correct and accurate information, we accept no liability or responsibility whatsoever if any information is, for whatever reason, incorrect, inaccurate or dated. We accept no responsibility for any loss or damage, whether direct, indirect or consequential, which may arise from access to or reliance on the information contained herein.

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