Trio of financial services firms fined in South Africa for holed AML

Adams Chrambanis & Associates, ID Capital (Pty) Ltd, and Henk Kolver Investment Management Services have all been given civil financial penalties by South Africa's Financial Sector Conduct Authority (FSCA) for breaching the Financial Intelligence Centre Act (FICA).

Adams Chrambanis & Associates (ACA), ID Capital (Pty) Ltd, and Henk Kolver Investment Management Services have all been given civil financial penalties by South Africa's Financial Sector Conduct Authority (FSCA) for breaching the Financial Intelligence Centre Act (FICA). [1]