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Fica Bill

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Local

Zuma signs FICA bill into law

President Jacob Zuma has signed the Financial Intelligence Centre Amendment (FICA) bill into law, the presidency said in a statement on Saturday morning. Presidency’s Dr Bongani Ngqulunga said the Financial Intelligence Centre Amendment Act, assented by the President, amends the Financial Intelligence Centre Act, 2001. The 2001 Act and other related Acts aim to combat money laundering and the financing of terrorism. Ngqulunga said Zuma was satisfied that the Act […]

today29 April 2017

Local

Zuma faces new court challenge over Fica Bill delay

The Council for the Advancement of South African Constitution instituted legal proceedings against President Jacob Zuma at the Constitutional Court on Friday over his failure to sign the Financial Intelligence Centre Amendment (Fica) Bill. The Fica Bill was passed by Parliament in May 2016 and submitted for Zuma’s to sign on June 13, but he has yet to sign it. “He has neither assented to and signed the bill, nor […]

today7 November 2016

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