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DIGITAL GAPS, CRIMINAL GAINS

By Bradley Elliott, CEO of Anti-Money Laundering platform RelyComply South Africa may have toughened its Anti-Money Laundering (AML) and Know Your Customer (KYC) laws since being greylisted by the Financial Action Task Force (FATF) in 2023, but financial crime is still thriving. Systemic weaknesses and a worrying tolerance for criminal activity continue to open the...
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