What are the implications of the FICA Amendment Bill on foreign investors?

On 29 April 2017, the Financial Intelligence Centre Act (FICA) Amendment Bill was signed into law by President Zuma. First tabled by Treasury in Parliament in April 2015, the Bill went through various iterations and was amongst others sent back to parliament by Pres. Zuma. Concerns raised by various interest groups regarding specific aspects, included e.g. the constitutionality of warrantless searches. Read More