Compliance refers to the act of following established laws, regulations, and standards that are applicable to a particular industry or organization. It involves adhering to specific rules and guidelines that are designed to promote ethical conduct, ensure safety, and maintain legal and regulatory requirements. Compliance can apply to various areas, including finance, healthcare, data privacy, environmental regulations, and more.
Recent sanctions on Bidvest Bank and HSBC for non-compliance with the Financial Intelligence Centre Act highlight the critical importance of robust compliance systems. NGA offers solutions that help businesses stay compliant, avoid penalties, and protect their reputations through effective risk management strategies.
The Price of Non-Compliance Read More »
NGA helps organizations in South Africa mitigate risks and avoid penalties under the Prevention and Combating of Corrupt Activities Act (PRECCA) by using advanced data analytics to monitor public media sources for potential signs of corruption. With proactive insights, businesses can ensure compliance and protect their reputations.
NGA Helps Organizations Mitigate PRECCA Risks Using Advanced Analytics Read More »
Balancing AI innovation with data privacy is crucial for South Africa’s finance and healthcare sectors to ensure compliance.
Balancing AI and Data Privacy in South Africa’s Financial and Healthcare Sectors Read More »
Discover how NGA’s Global Identification Insights Platform (GIIP) revolutionizes compliance and due diligence with advanced data aggregation, providing time savings, complete oversight, and robust analytics.
How NGA is Transforming Compliance Using Advanced Data Aggregation Read More »
“NGA simplifies BCBS 239 compliance with advanced solutions, enhancing risk management and monitoring for financial institutions.
Simplifying BCBS 239 Compliance with NGA’s Advanced Solutions Read More »
South Africa faces FATF greylisting but can follow Mauritius’s success in AML compliance through strategic partnerships and AI-driven solutions.
Embracing Partnerships: South Africa’s secret sauce to FATF Compliance Read More »
In AML compliance’s future, expect integrated platforms, global cooperation, privacy challenges, ESG considerations, cybersecurity, predictive analytics, and the rise of RegTech.
AML forecast: The Road Ahead for the Compliance Industry Beyond 2023 Read More »
Directive 8 mandates comprehensive screening for trustworthy financial operations. It includes global sanctions, politically exposed persons, adverse media, and ongoing scrutiny.
A Focus on Directive 8: Ensuring Trustworthy Workforce Through Comprehensive Screening Read More »
In an interconnected business landscape, third-party risks are prominent in South Africa. Advanced screening tech and managed services streamline compliance, enhancing market position.
Third-party Risk: Transforming Compliance into a Winning Edge Read More »
Choosing the right FICA compliance screening provider is essential to avoid long-term costs like regulatory fines, reputational damage, and labor expenses.
The Long-term Costs of Choosing the Wrong FICA compliance solution Read More »
