Tag: FICA
Life insurers’ AML blind spots leave door open to launderers
Banks have long borne the brunt of regulatory scrutiny over anti-money laundering (AML) controls, but life insurers handling large premiums are increasingly attracting the...
Why underwriting data holds the key to spotting AML risk
Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
