Non-profit professional body the Compliance Institute Southern Africa (CISA) has released is Anti-Money Laundering Practice Guide as a way of intensifying efforts to strengthen financial crime controls and demonstrate effectiveness in meeting Financial Action Task Force (FATF) standards.
The guide was launched through a hybrid event in Durban on June 18 and at an in-person event in Cape Town on June 19, bringing together industry leaders to share insights on implementation challenges and best practice approaches.
The publication of the Practice Guide has been released amid a backdrop of heightened regulatory scrutiny and a continued focus on grey-listing outcomes.
CISA highlights that it provides a timely and practical resource to support accountable institutions in building robust, defensible, and effective anti-money laundering, counter-terrorist financing, and sanction frameworks.
Previously, South Africa was officially removed from the FATF grey list in October, 2025, signalling the country’s progress in addressing the structural deficiencies in its anti-money laundering and counter-terrorism financing.
