What AML regulations are covered in the Cape Town AML Compliance Workshop?

Shasat's two-day AML Compliance Workshop in Cape Town covers Financial Intelligence Centre Act FIC Act requirements, Financial Intelligence Centre FIC supervisory expectations, FSCA guidelines, Prudential Authority PA supervisory expectations, Cash Threshold Report obligations, Suspicious Transaction Report filing requirements, FATF recommendations, FATF mutual evaluation requirements, ESAAMLG requirements, beneficial ownership verification, FSCA crypto-asset service provider obligations, FATF Travel Rule, DeFi risks, OFAC sanctions, UN Security Council sanctions, and counter proliferation financing CPF obligations.

Who should attend the AML Compliance Workshop in Cape Town?

This AML workshop in Cape Town is designed for Chief Compliance Officers, Money Laundering Reporting Officers, Deputy MLROs, FIC-regulated compliance professionals, FSCA-regulated banking professionals, AML Compliance Managers, Risk Managers, Heads of Financial Crime, Internal Auditors, Legal Counsel, estate agent compliance professionals, accountant AML officers, and attorney AML compliance officers across South African banks, insurers, asset managers, estate agents, accountants, and attorneys. It is also the most accessible AML training programme for compliance professionals from across all African nations attending in Cape Town.

Is this AML course relevant for professionals across all of Africa?

Yes. Shasat's AML Compliance Workshop in Cape Town is the most accessible and comprehensive AML training programme for compliance professionals from across all 54 African nations. Cape Town is the most convenient AML training hub for professionals from Southern Africa, East Africa, West Africa, North Africa, and Central Africa. Professionals from Kenya, Nigeria, Ghana, Zimbabwe, Zambia, Namibia, Botswana, Mozambique, Tanzania, Uganda, Rwanda, Ethiopia, Ivory Coast, Senegal, Morocco, Egypt, Angola, and Mauritius regularly attend this programme.

Is this AML course relevant for Kenyan and East African professionals?

Yes. Compliance professionals from Nairobi, Dar es Salaam, Kampala, Kigali, and across East Africa regularly attend this AML Compliance Workshop in Cape Town. The programme addresses ESAAMLG Eastern and Southern Africa Anti-Money Laundering Group requirements alongside FATF standards making it directly relevant for professionals from Kenya, Tanzania, Uganda, Rwanda, Ethiopia, and all ESAAMLG member countries.

Is this AML course relevant for Nigerian and West African professionals?

Yes. Compliance professionals from Lagos, Abuja, Accra, Abidjan, Dakar, and across West Africa attend this AML Compliance Workshop in Cape Town. The programme addresses GIABA Inter-Governmental Action Group against Money Laundering in West Africa requirements alongside FATF standards making it directly relevant for professionals from Nigeria, Ghana, Ivory Coast, Senegal, and all ECOWAS member countries.

What is the FIC Act and who does it apply to?

The Financial Intelligence Centre Act is South Africa's primary AML legislation. It applies to accountable institutions including banks, insurers, asset managers, estate agents, accountants, attorneys, and trust and company service providers. Accountable institutions are required to implement customer due diligence, beneficial ownership verification, Cash Threshold Reports for transactions above R49,999, Suspicious Transaction Reports to the Financial Intelligence Centre, and risk-based AML compliance programmes. This workshop provides comprehensive practical guidance on all FIC Act obligations.

What are Cash Threshold Reports and who must file them?

Cash Threshold Reports are reports that South African accountable institutions must file with the Financial Intelligence Centre for cash transactions above R49,999. All FIC Act accountable institutions including banks, insurers, asset managers, estate agents, and casinos are required to file CTRs. This workshop covers CTR filing obligations, reporting thresholds, practical CTR preparation, common errors, and best practice for Cash Threshold Report compliance under South African AML law.

Does this AML course cover crypto-asset and digital asset compliance for South Africa?

Yes. This workshop covers FSCA crypto-asset service provider AML registration and compliance requirements, FATF Travel Rule implementation for South African digital asset businesses, DeFi risks, NFT-related financial crime, and blockchain analytics tools. South Africa has one of the most active cryptocurrency markets in Africa and FSCA has introduced comprehensive crypto-asset AML obligations making digital assets AML compliance one of the most important training topics for South African compliance professionals.

Is the Cape Town AML course CPD and CPE accredited?

Yes. All delegates receive CPD and CPE accreditation upon completion of Shasat's AML Compliance Workshop in Cape Town. The accreditation is recognised by major professional bodies across South Africa and internationally including the Compliance Institute of Southern Africa CISA, South African Institute of Chartered Accountants SAICA, Law Society of South Africa, ACAMS, and the International Compliance Association ICA.

Can this AML workshop be delivered in-house across Africa?

Yes. Shasat delivers this AML Compliance Workshop as an in-house programme for organisations across Africa including Cape Town, Johannesburg, Durban, Nairobi, Lagos, Accra, Harare, Lusaka, Windhoek, and Gaborone. In-house delivery allows the programme to be tailored to your organisation's specific FIC Act requirements, national AML legislation, FATF evaluation priorities, and sector-specific compliance challenges across Southern, Eastern, and Western Africa.

What makes this the best AML training course in Africa?

Shasat's AML Compliance Workshop in Cape Town is the only AML training programme that combines South African FIC Act regulatory depth, ESAAMLG and GIABA African regional AML frameworks, FSCA crypto-asset obligations, Cash Threshold Report and Suspicious Transaction Report practical guidance, and international FATF standards in a single two-day programme. It is delivered by experienced AML practitioners with direct FIC-regulated advisory experience and is CPD and CPE accredited. It is the most comprehensive and Africa-focused AML compliance training programme available in Cape Town.

Where else does Shasat deliver AML Compliance Workshops globally?

In addition to Cape Town, Shasat delivers 2-Day AML Compliance Workshops in London, Singapore, Las Vegas, Dubai, Zurich, Manila, Brussels, Nairobi, Bermuda, Riga, Sydney, Mumbai, Mexico City, Istanbul, Cyprus, Rio de Janeiro, and New York. Online AML Masterclass and Crypto AML courses are also available globally.

AML Compliance Workshop Cape Town | 2-Day AML Training

AML Compliance Workshop in Cape Town | FIC Act | FSCA | FATF | Digital Assets | Sanctions

AML compliance is a critical regulatory obligation for every financial institution and business operating in South Africa. Shasat’s two-day AML Compliance Workshop in Cape Town offers a comprehensive and updated overview of global and South Africa-specific AML frameworks aligned with the Financial Intelligence Centre Act FIC Act requirements, Financial Sector Conduct Authority FSCA guidelines, Prudential Authority PA supervisory expectations, and FATF recommendations.

This workshop is particularly relevant for compliance professionals operating under FIC, FSCA, and PA supervision. South Africa’s recent FATF grey list experience has significantly intensified AML regulatory scrutiny across all accountable institutions. Consequently, strengthening AML frameworks and demonstrating effective compliance is the highest priority for every bank, insurer, asset manager, estate agent, and professional services firm in South Africa.

The programme addresses the full spectrum of AML, CFT, and CPF compliance obligations including customer due diligence, enhanced due diligence, beneficial ownership verification, transaction monitoring, and Cash Threshold Reports and Suspicious Transaction Reports to the Financial Intelligence Centre. Furthermore the workshop covers digital assets compliance under FATF Travel Rule, FSCA crypto-asset obligations, DeFi risks, and sanctions compliance under OFAC and UN Security Council obligations.

Whether you are strengthening your institution’s FIC Act compliance programme, preparing for FSCA regulatory examination, or developing enterprise-wide financial crime controls, this workshop equips you with the practical knowledge and regulatory depth needed to protect your organisation and maintain compliance across South Africa.

Key Learning Features

Financial Intelligence Centre Act FIC Act requirements, FIC supervisory expectations, and Cash Threshold Report and Suspicious Transaction Report obligations for South African accountable institutions
FSCA and Prudential Authority PA AML supervisory expectations for South African-regulated banks, insurers, and asset managers
FATF recommendations, risk-based approach, and South Africa-specific AML compliance priorities
AML, CFT, and Counter Proliferation Financing CPF frameworks and practical application for FIC-regulated accountable institutions
Customer due diligence, enhanced due diligence, and beneficial ownership verification under FIC Act requirements
Digital assets compliance under FATF Travel Rule and FSCA crypto-asset service provider obligations
Sanctions compliance including OFAC, UN Security Council sanctions, and South African international obligations
Sector-specific AML strategies for banks, insurers, asset managers, estate agents, accountants, and attorneys under the FIC Act
AML governance structures, compliance-first culture, and financial crime collaboration within FIC-regulated organisations

2-Day AML Compliance Workshop | Global Training Locations

Shasat delivers this 2-Day AML Compliance Workshop across major global financial centres, providing in-depth coverage of AML, CFT, and CPF frameworks, practical case studies, and hands-on compliance skills. In addition to Cape Town, upcoming programmes are available in:

Furthermore, all in-person programmes are available as dedicated in-house engagements tailored to your organisation’s specific regulatory environment.

For More Information

Join our International Anti-Money Laundering Workshop! Gain essential skills to manage AML risks and enhance compliance in your organization. Our 2-day program covers strategies, real-life case studies, and industry insights. Open to professionals across fields. For details and registration, contact our customer service team.

Instructor Bio

The course instructor will be one of our highly experienced faculty members.

Our Faculty: Expertise That Drives Success

Shasat is proud to have over 30 world-renowned faculty members, each an expert in their respective fields, who share their hands-on implementation experience through our technical and professional development programs.

This programme is led by one of Shasat’s distinguished Anti-Money Laundering specialists, renowned for advising banks, insurers, payment institutions, and large corporates on the design, implementation, and enhancement of AML frameworks. With deep expertise in customer due diligence, enhanced due diligence, transaction monitoring, sanctions compliance, suspicious activity reporting, EU AML Directives (AMLD), and enterprise-wide financial crime risk assessments, the instructor brings a powerful blend of regulatory insight and practical experience. Backed by extensive knowledge of FATF standards, UK MLR requirements, EU AMLD expectations, and international supervisory practices, the speaker provides a global, real-world perspective on how effective AML controls link to governance, risk management, fraud prevention, and regulatory reporting—equipping participants to elevate their organisation’s financial-crime resilience.

Our faculty combine real-world expertise with academic rigor, ensuring every session is interactive, relevant, and outcomes-driven. Participants gain practical tools, case-based insights, and strategic frameworks that can be immediately applied to enhance sustainability reporting and corporate governance within their organisations.

Our Partners

Our Partners in Learning

Course Description

Day 1 — Regulatory Frameworks and South African AML Compliance

- Financial Intelligence Centre Act FIC Act requirements, accountable institution obligations, and Financial Intelligence Centre FIC supervisory expectations for South African-regulated entities
- Financial Sector Conduct Authority FSCA AML guidelines, Prudential Authority PA supervisory expectations, and South African AML regulatory framework
- FATF recommendations, South Africa FATF mutual evaluation requirements, and risk-based approach for South African and regionally connected organisations
- AML, Counter Financing of Terrorism CFT, and Counter Proliferation Financing CPF frameworks and their practical application for FIC-regulated accountable institutions
- Beneficial ownership transparency, beneficial ownership register requirements, and complex corporate and trust structure identification under FIC Act
- Sector-specific AML obligations for FSCA-regulated banks, insurers, asset managers, estate agents, accountants, attorneys, and trust and company service providers under the FIC Act
- High-risk client management, cross-border African transaction monitoring, and PEP identification and enhanced due diligence
- Customer due diligence, enhanced due diligence, simplified due diligence, and KYC framework under FIC Act and FSCA standards
- Cash Threshold Report CTR obligations and Suspicious Transaction Report STR filing requirements to the Financial Intelligence Centre
- Enterprise-wide AML risk assessments and risk scoring methodologies aligned with FIC and FSCA supervisory expectations

Day 2 — Emerging Risks, Investigations, and Governance

- FSCA crypto-asset service provider AML obligations and FATF Travel Rule implementation for South African digital asset businesses
- Cryptocurrency AML red flags, blockchain analytics tools, and RegTech solutions for South African compliance professionals
- DeFi decentralised finance risks and NFT-related financial crime typologies in the South African and African context
- Sanctions compliance including OFAC, UN Security Council sanctions, and South African international sanctions obligations
- CPF compliance — identifying proliferation financing risks, red flags, and South African obligations under UN Security Council sanctions
- PEP identification, enhanced monitoring, and management for South African and cross-border African client relationships
- Transaction monitoring systems, South African money laundering typologies, and financial crime red flags
- Cash Threshold Reports and Suspicious Transaction Reports obligations to the Financial Intelligence Centre and STR filing best practice
- Case studies from major South African financial crime enforcement actions and FIC Act compliance failures
- Interrelationship between AML, CFT, CPF, anti-bribery, fraud prevention, and financial crime frameworks for South African accountable institutions
- Governance structures, compliance-first culture, and cross-functional AML collaboration within FIC-regulated organisations
- Emerging trends in AML, CFT, and CPF including AI-powered financial crime detection and FIC regulatory technology initiatives

All course content, agenda, and programme materials are protected by copyright. Unauthorised reproduction is strictly prohibited.

Why you must attend?

AML non-compliance carries severe consequences for FIC-regulated accountable institutions in South Africa. Financial Intelligence Centre enforcement actions, FSCA penalties, and reputational damage from financial crime failures can be existential for banks, insurers, asset managers, and professional services firms. For MLROs, compliance officers, and senior executives, staying ahead of evolving AML, CFT, and CPF obligations under FIC and FSCA supervision is not optional. It is a regulatory and business imperative.

The AML compliance landscape in South Africa has never been more demanding. South Africa’s FATF mutual evaluation has significantly intensified regulatory scrutiny across all accountable institutions. FSCA and Prudential Authority supervisory expectations are increasing. The Financial Intelligence Centre has strengthened Cash Threshold Report and Suspicious Transaction Report requirements across all regulated sectors. Furthermore, FSCA has introduced crypto-asset service provider AML obligations for South African digital asset businesses. Additionally, beneficial ownership register requirements have expanded significantly for South African companies and trusts.

Shasat’s two-day AML Compliance Workshop in Cape Town addresses these challenges directly and practically. Participants gain in-depth knowledge of FIC Act requirements, FSCA guidelines, and FATF recommendations alongside hands-on application of customer due diligence, enhanced due diligence, beneficial ownership verification, Cash Threshold Reports, and Suspicious Transaction Report obligations to the Financial Intelligence Centre. Real-life case studies from major South African financial crime enforcement actions provide practical context for strengthening controls and avoiding compliance failures.

Delivered by experienced AML practitioners with direct advisory experience across FIC-regulated banks, insurers, asset managers, and professional services firms, every session combines South African regulatory rigour with real-world compliance insight. Consequently, participants benefit from peer networking with compliance professionals from across South Africa and the wider African region. Participants leave with the knowledge and tools needed to strengthen AML controls and respond confidently to FIC and FSCA scrutiny.

Teaching methodology

The training program will employ a comprehensive and engaging approach to learning, designed to deliver maximum impact and retention. The methodology includes:

A user-friendly slide deck that presents the concepts, methodologies, and principles in a clear and concise manner, making the material easily accessible to all attendees.
Interactive sessions featuring real-life case studies to provide hands-on experience and bring the material to life.
Explanations of concepts and methodologies through the use of examples and distinct scenarios, allow attendees to understand the material in context.
Group exercises designed to illustrate accounting principles, encouraging collaboration, and fostering a deeper understanding of the material.
Access to additional course material and handouts, ensuring attendees have a comprehensive reference resource to support their learning.
An open and inclusive atmosphere that encourages attendees to ask questions and engage in discussion, ensuring a thorough understanding of the material.

The combination of these elements creates a dynamic and engaging learning experience that will support the professional development of all attendees.

Who Should attend?

This program is designed for a wide range of professionals and practitioners who are interested in gaining a deeper understanding of AML and CFT practices, regardless of their industry or sector. This includes professionals from compliance, risk management, legal and regulatory affairs, accounting and audit, financial crime prevention, and financial services. Executives from fintech, gambling industry, real estate, and other relevant sectors are also welcome to attend. The program is tailored to provide attendees with practical insights and knowledge that are applicable across various industries and jurisdictions. Whether you are a seasoned professional or new to the field, this program will help you stay up-to-date with the latest developments and best practices in AML and CFT.

Feedback

Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.

Venue & other info

Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.

Please note that accommodation arrangements are the responsibility of the attendee.

Workshop Delivery (Online Programs)

The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.

In-Person Workshop

Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.

Changes to the conference

Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event

Sponsorship

We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.

Terms and Conditions

We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.

About shasat

Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.

Payment

Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.

We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.

Group discount

Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.

CPD hours

Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.

Enquiries

For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.

In-House Training

Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.

AML Compliance Workshop Cape Town | 2-Day Anti-Money Laundering Training Course | GID 24015