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LS270223 Question and Answer Version 1 T12 02 23

IDCRef: T12/02/23

Official source

Source domain: www-idc-co-za.b-cdn.net

Collected on 17 June 2026

Always confirm details on the official source before acting.

What this means

This document is a “Question and Answers version 1” for a South African government tender. It is a Request for Proposal (Tender T12/02/23) for AML/CFT compliance support services, and it records answers to bidder questions about FICA/PEP screening, remediation of FICA files, record keeping, CDD/ECDD reporting, alert resolution, and a handover from a current “Project Noah” firm. The answers confirm the scope includes screening and clearing both individuals and entities, a 6-month project period, and that the IDC’s Siron licenses are in place with access provided for screening (PEP, adverse media, sanctions).

Facts

Reference

T12/02/23

Key Takeaways

  • Tender Number: T12/02/23
  • Tender description: Request for Proposal for AML/CFT compliance support services
  • Screening/clearing: applicable to both individuals and entities
  • FICA remediation: includes UBO-related work for entities and individuals (percentage may vary)
  • Record keeping: internal stakeholders manage client/business partners (no direct client contact required)
  • Alert resolution: resolve alerts case-by-case; data analytics recommended
  • Project Noah handover: preferred bidder must effectively continue
  • Project period: confirmed as 6 months
  • Siron licenses: in place for IDC
  • Siron capabilities: screening of alerts; PEP, adverse media, sanctions screening
  • Access: access to Siron will be provided
  • IDC
  • Siron
  • Project Noah

Dates

Opening Date

1 February 2023