29 May 2025
Dear NADA Members,
As part of NADA’s continued commitment to ensuring our members remain informed, involved, and aware, we are pleased to share an important engagement opportunity aligned with our membership value proposition.
In terms of the Financial Intelligence Centre Act (FICA), motor vehicle dealers are considered High Value Goods Dealers and are therefore Accountable Institutions with a range of highly complex and operationally challenging rules imposed by regulation.
Based on the above, and understanding that not all businesses have access to internal AML experts, you are invited to join an Anti-Money Laundering (AML) Focus Group, hosted by the Compliance Institute South Africa, taking place on:
Date: 05 June 2025
Time: 10:30 – 12:30
Venue: MS Teams (link below)
Cost: Free
About the AML Focus Group:
An AML focus group is a structured discussion forum where AML officers, regulatory authorities, and professionals from related fields convene to exchange insights, explore current trends, and collaborate on strategies for combating money laundering and financial crime. These sessions provide a valuable platform for:
- Sharing practical experiences and best practices
- Deepening understanding of AML compliance challenges
- Strengthening collaborative efforts within the AML and compliance community
Who Should Attend:
Dealer and business heads responsible for FICA compliance, AML professionals, F and I officers, compliance officers, risk managers, regulatory representatives, and those engaged in financial crime prevention across all sectors.
This initiative directly supports our commitment to fostering knowledge-sharing and professional development within our membership community.
To attend, simply click on the link below to register:
Please note that registration closes on 3 June at 17:00.
We encourage all interested members to take advantage of this valuable session and contribute to the national conversation around AML and compliance.
Kind Regards,
Ashley Samuel
National Director
NADA
