Do not give criminals the luxury of a place to hide their proceeds of crime

The Financial Intelligence Centre (FIC) is raising awareness among high-value goods dealers on the contribution they can make towards combating financial crime in South Africa. Dealers in luxury goods and high-value items such as jewellery, motor vehicles, fine arts, antiques, private jets and yachts, luxury label clothing and accessories can be targets for criminals to launder their ill-gotten gains. The FIC aims to inform role players in these sectors about the mandate of the FIC and broader efforts to prevent and combat money laundering, terrorist and proliferation financing (ML, TF and PF). High-value goods dealers are encouraged to continue visiting this page regularly for updates and information on the ML, TF and PF risks they face and for guidance on mitigation measures that can be applied through compliance with the Financial Intelligence Act (FIC Act). Find out more about the FIC’s role in safeguarding South Africa’s financial system . Making South Africa’s financial system intolerant to abuse Sign up to receive the latest updates and information from the FIC. I consent to receiving emails from the FIC * SUBSCRIBE Close GDPR Cookie Settings Privacy Overview Strictly Necessary Cookies Powered by GDPR Cookie Compliance Privacy Overview This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.