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How Accountable Institutions Can Help Fight Financial Crime By Reporting To The Fic

Financial Intelligence CentreRef: S DIRECTIVE 5

Official source

Source domain: fic.gov.za

Collected on 28 June 2026

Always confirm details on the official source before acting.

What this means

The document explains that accountable institutions in South Africa must file regulatory reports with the Financial Intelligence Centre (FIC) as part of AML/CTF/CPF efforts. It notes reporting requirements for suspicious/unspecified transactions, cash above thresholds, and terrorist property, and references Directive 5 on automated transaction monitoring and Public Compliance Communication 45. It also describes the need to register with the FIC before reporting and mentions amendments expanding Schedule 1 to include newly classified DNFPB such as certain professionals and providers.

What this document offers

Read out of this document by Govermate's AI, in its own words. Each one quotes the line it came from — confirm on the official source before acting.

financial transaction reportOngoing

Cash Threshold Report (CTR)

Accountable institutions must file a report when a cash transaction with a client exceeds R49,999.99. This report is submitted through the FIC’s online system and is part of the country's anti-money laundering and counter-terrorism financing framework.

Who it is for
accountable institutions conducting cash transactions above R49,999.99
How to act on it
Identify the transaction, prepare the report, and submit it via the FIC’s online system
Show the line this came from
An accountable institution must file a report when a cash transaction is concluded with a client above the prescribed threshold of R49 999.99.
transaction anomaly reportOngoing

Suspicious and Unusual Transaction Report

Accountable institutions must report any suspicious or unusual transactions they detect. These reports help the FIC develop financial intelligence used by law enforcement and prosecutorial authorities in investigations and prosecutions.

Who it is for
accountable institutions that detect suspicious or unusual financial activity
How to act on it
Identify the suspicious or unusual transaction, document the details, and submit the report via the FIC’s online system
Show the line this came from
These include reports on suspicious and unusual transactions, cash transactions above the prescribed threshold, and terrorist property reports.
terrorist financing reportOngoing

Terrorist Property Report

Accountable institutions are required to report any property they believe to be associated with terrorism. This report supports national efforts to disrupt terrorist financing networks.

Who it is for
accountable institutions aware of property linked to terrorism
How to act on it
Identify the property, assess its connection to terrorism, and submit the report via the FIC’s online system
Show the line this came from
These include reports on suspicious and unusual transactions, cash transactions above the prescribed threshold, and terrorist property reports.

Facts

Reference

S DIRECTIVE 5

Key Takeaways

  • entity: Financial Intelligence Centre (FIC)
  • subject: reporting requirements for accountable institutions
  • references: FIC Act, Directive 5, Public compliance communication 45
  • reports: suspicious/unusual transactions, cash above threshold, terrorist property
  • registration: required via FIC online system, free
  • amendments: Schedule 1 expansion to include DNFPB (designated non-financial businesses and professions)