161 results found

South Africa's removal from the FATF grey list marked a significant achievement, but the country now faces a more demanding phase of scrutiny focused on effective enforcement rather than legislative compliance. The Madlanga Commission's findings on alleged corruption within the criminal justice system present both a stark challenge and an opportunity to demonstrate that the country's anti-money laundering and counter-terrorism financing frameworks can hold powerful individuals accountable.

The Supreme Court of Appeal had to consider the question whether an insurer is entitled to repayment of the amounts already paid to the insured...

Between April 2019 and June 2021, South Africa underwent a mutual evaluation of its anti-money laundering and counter-financing of terrorism controls, which culminated in the publication...

In today's digital age, business email compromise ("BEC") has become a threat to businesses and individuals. BEC is defined as "a criminal act where criminals illegally access...

This article is the first of a 3‑part series which will consider the broad trends that are taking place in South Africa with regards to the environmental, social and governance indicator ("ESG").

The best way of demonstrating the applicability of the UK Bribery Act (the UKBA) and the US Foreign Corrupt Practices Act (FCPA) in South Africa is by way of case studies.

Visibility is the very currency of social media, yet that visibility also furnishes criminals with the raw material for a fast-growing form of fraud: profile cloning.

Africa's digital economy recorded US$1.1 trillion in transactions in 2025, but cybercriminals stole US$484 million as artificial intelligence now drives 55% of reported cybercrimes across the continent.

You may well have read some of the stats: the global trade in counterfeit goods comes to some US$600 billion per annum; this trade in counterfeit goods represents 5 -7% of world trade; counterfeiting has grown some 10 000% over the past two decades.

There have been dramatic changes to anti-corruption legislation in the past few months - both locally and abroad.

This article is the second of a 3-part series which will consider environmental, social and governance ("ESG") and factors that have the potential to impact components of ESG. Having established in the first article...

Fraud remains one of the most pervasive and value-destroying risks facing South African organisations. Economic pressure, sophisticated fraud schemes...

Although there are still loopholes to be plugged, South Africans can take comfort in the country’s relatively robust anti-hacking laws, which allow companies to go in hot pursuit of IT intruders. However, attempts to trace cybercriminals could be stopped in their tracks if the attackers stage cross-border raids from countries where different laws apply.

The Supreme Court is the highest court in the land and its decisions are ordinarily binding on all other courts. This practice, under the doctrine of precedent provides some degree of...

The Broad-Based Black Economic Empowerment Act 53 of 2003 (2003 Act) together with the generic codes of good practice and the sector codes, provide the legislative framework for Broad-Based Black Economic Empowerment (BEE) in South Africa.

Since the release of the findings from the Commission of Inquiry into State Capture (colloquially known as the Zondo Commission) and South Africa's...

Fraud and corruption levels have reached alarming levels in South Africa. No industry is immune to the scourge of fraud and corruption. In some sectors fraud and corruption pose significant threats...

Cyber criminals have developed new ransomware techniques to improve the efficiency and profitability of their attacks. These include targeting large and high-value entities such as governments...