Find a trustworthy partner for your FICA journey

We recently looked at a number of aspects regarding the changes in the Financial Intelligence Centre (FIC) Act that will affect Motor Vehicle Dealers (MVDs) in certain instances.

23 Doc Fox Ok4a

We covered themes ranging from Vehicle Dealers: From Reporting to Accountable Institutions; Seven key points to become fully FICA compliant; A hefty price to pay for non-compliance to Seven Reasons you should automate your FICA process.

At the end of last year, the Government Gazette published changes to Schedules 1, 2 and 3 of the FIC Act. Motor vehicle dealers were included in the High Value Goods Dealers (HVGDs) category as Accountable Institutions. These new Accountable Institutions were granted an 18-month transitional period by the FIC.

Now with only six months left in the 18-month transitional period, time is ticking away for new Accountable Institutions to become FICA compliant.

Still unsure as to what to do to become FICA compliant? Join DocFox, a leading FICA software provider, for a free 1-hour webinar on the 8th of November at 10:00 to find out whether your business is an Accountable Institution and discover the obligations required to ensure that you are fully FICA compliant.

Topics to be discussed include:

- New Accountable Institutions that need to comply with FICA

- Steps required to be FULLY FICA compliant

- Consequences of FICA non-compliance

• Registration link:

https://us02web.zoom.us/webinar/register/5516983058753/WN_2h1MnoXzQhmWSkfjYpExjg

More Industry News stories

Toyota will customise your Hilux for you

Toyota will customise your Hilux for you

Toyota South Africa Motors (TSAM) is introducing Hilux Custom Builds, a fully integrated conversion programme that adds professionally engineered, purpose-built solutions directly to the Toyota product offering.

  • 20 November 2025
Filtration giant MANN+HUMMEL donates R100 000 to Food and Trees for Africa

Filtration giant MANN+HUMMEL donates R100 000 to Food and Trees for Africa

The global filtration manufacturer MANN+HUMMEL has announced a donation of R100 000 to the non-profit organisation Food and Trees for Africa (FTFA) to fund its projects that tackle key environmental issues, including food security, urban greening, and environmental sustainability.

  • 12 November 2025
VW investment plans hit roadblock

VW investment plans hit roadblock

Volkswagen Group has delayed signing off on its multi-billion-euro investment programme, according to reports from German daily Bild.

  • 18 November 2025