Event Details

AML Programme - Course 3 of 7

Are you fully equipped to navigate South Africa's AML reporting maze?

This is the 3rd course in our AML training programme with a look at the reporting obligations in South Africa and developed for those aiming to earn the AMLC Prac (SA) designation. There are 7 courses included in the programme. (see below).

This training course is an essential guide for professionals seeking to master the complexities of Anti-Money Laundering (AML) reporting obligations in South Africa and delves deep into the intricacies of the Financial Intelligence Centre Act (FICA) and beyond.

Who should attend

The programme is specifically recommended for those who are planning to write the AMLC Prac (SA) board exam, e.g.

  • Compliance Officers and Managers: Professionals responsible for ensuring their organizations comply with AML regulations and reporting requirements.
  • Financial Intelligence Analysts: Those involved in analyzing financial data to detect and report suspicious activities.
  • Risk Managers and Auditors: Individuals overseeing risk management and internal audits, ensuring adherence to AML frameworks.
  • Legal Advisors and Regulatory Affairs Specialists: Experts advising on legal compliance and regulatory matters related to AML.
  • Financial Services Professionals: Employees in banks, insurance companies, and other financial institutions who deal with customer transactions and due diligence.
  • Law Enforcement and Government Officials: Personnel involved in investigating financial crimes and enforcing AML laws.
  • Accountants and Financial Advisors: Professionals offering financial advice or services, needing to understand AML reporting obligations for accurate guidance.

These roles are directly involved in or impacted by AML processes and compliance, making the course highly relevant and beneficial for them.

Key take-aways

Participants will gain invaluable insights into the diverse range of reports mandated by law, from cash threshold to suspicious transaction reports. The course empowers professionals with practical skills in identifying reportable instances, leveraging technology for AML reporting, and understanding the crucial roles and responsibilities in AML investigations. Expect an immersive learning experience that equips you with the knowledge to set up compliant systems, utilize cutting-edge AML technologies, and contribute effectively to the fight against financial crimes.

Preparation for the course

This course is designed for professionals with a foundational understanding of the AML framework in South Africa. Participants are expected to be familiar with:

  • Basic Principles of Financial Regulations: An awareness of the core concepts of financial regulations in South Africa.
  • Types of Financial Crimes: Knowledge of the various forms of financial crimes, including money laundering and terrorist financing.
  • Compliance Requirements Under FICA: An understanding of general compliance obligations under the Financial Intelligence Centre Act (FICA), especially in relation to reporting and record-keeping.
  • Financial Operations: Foundational knowledge in financial operations and the significance of monitoring, reporting, and record-keeping in AML contexts.
  • Prior Courses or Experience: Previous completion of related courses or practical experience in financial regulation, compliance, or AML activities is beneficial, though not mandatory.
  • Having this background will enable participants to fully engage with the course content, which covers a comprehensive view of the reporting obligations under South African AML laws, practical guidance on investigations, and implementation of ongoing detection controls.

Delivery ticket options:

  • Virtual via Microsoft Teams



Member: R4,200.00 excl. VAT | R4,830.00 incl. VAT

Non-member: R4,620.00 excl. VAT | R5,313.00 incl. VAT

Non-SA options for above excludes VAT


Member: R5,200.00 excl. VAT | R5,980.00 incl. VAT

Non-member: R5,620.00 excl. VAT | R6,463.00 incl. VAT

Non-SA options for above excludes VAT

In-house training requests:

If you are interested in this course being conducted as an inhouse course, please send your requirements to training@compliancesa.com.

CPD: 12 hours

Included in the training

  • Slide deck
  • Detailed course layout
  • Reflective assessments and exercises during the training
  • Other reference material provided during the event

What is your next?

The AML training programme consists of a total of 7 courses in the series. These are the next courses in order of sequence. It is highly recommended to attend all courses in the series in preparation for the AMLC Prac (SA) board exam however it is not compulsory:

1 - AML in South Africa (6 hours)

2 - AML - Mastering the risk-based approach and risk assessment (6 hours)

4 - AML - Building Bulletproof AML Record-Keeping Systems (1 day of 6 hours)

5 - AML - Risk Management and Compliance Program (RMCP) (2 days of 6 hours per day)

6 - AML - Deploying Technology Against Money Laundering (2 days of 6 hours each)

7 - AML - Audit and programme enhancement (3 hours)


  • Deneka Pillay (Executive: Risk and Compliance at Radix Financial Software (Pty) Ltd (BancX))

    Deneka Pillay

    Executive: Risk and Compliance at Radix Financial Software (Pty) Ltd (BancX)

    Deneka is a highly skilled compliance and risk professional, currently serving as the Risk and Compliance Executive at BancX and holds the AMLC Prac (SA) designation. With an impressive technical and operational background spanning nearly a decade in banking, she has honed her expertise in areas such as risk management, project management, system implementation, control infrastructure design, and data analytics.

    Over the years, Deneka has developed a profound understanding of the Banking and Financial Sector regulatory environment, employing her insight to craft innovative solutions to meet the increasingly complex regulatory obligations. As a compliance officer, she meticulously ensures that her organization's regulatory commitments are fulfilled and risks are effectively managed, aligning with it’s strategic objectives.

    Beyond her technical skills, Deneka has a palpable passion for her work that feeds her dedication and drive. Her love for what she does is infectious, inspiring her colleagues and enhancing the work environment. She is a firm believer in the power of people development and employs her charismatic nature to foster an environment of empowerment.

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Virtual ticket (member)

Members in good standing rate.
Prices shown exclude VAT per person.

Member Price R 4,200
Virtual ticket (non-member)

Non-members rate.
Prices shown exclude VAT per person.

Standard Price R 4,620
Non-SA virtual ticket (member)

Non-SA members in good standing rate.
Prices shown exclude VAT per person. Vat is not charged.

Member Price R 4,200
Non-SA virtual ticket (non-member)

Non-SA non-members rate.
Prices shown exclude VAT per person. Vat is not charged.

Standard Price R 4,620