Who we are

The Financial Intelligence Centre (FIC) was established in terms of the Financial Intelligence Centre Act No 38 of 2001, which was amended in 2008. The FIC Act established the FIC in 2003 to administer the FIC Act, as South Africa’s national centre for the development of financial intelligence in accordance with international standards and requirements.

The FIC Act put in place a policy framework to combat money laundering and the financing of terrorism. It places compliance obligations on financial institutions and other businesses deemed vulnerable to money laundering.

The FIC was established to:

  • Identify the proceeds of unlawful activities
  • Combat money laundering activities
  • Combat the financing of terrorist and related activities
  • Share information with law enforcement authorities, supervisory bodies, intelligence services, the South African Revenue Service (SARS) and other local and international agencies
  • Supervise and enforce compliance with the FIC Act
  • Facilitate effective supervision and enforcement by supervisory bodies.

The FIC Act lists various obligations applicable to certain categories of financial institutions, including the requirement to register with the FIC and to provide reports on certain types of transactions or activities by the clients of these institutions. Both registration and reporting are done on the FIC’s goAML EE online system which is accessed here.


To establish and maintain an effective policy framework and operational capability to oversee compliance with the Financial Intelligence Centre Act, and to provide high-quality, timely financial intelligence for use in the fight against crime.


To be the leading player in aggressively combating money laundering and the financing of terrorism for the benefit of South Africa; to earn trust, respect and support based on the quality of financial intelligence that we provide; and to ensure loyalty and organisational sustainability by recognising the achievements of our staff.