IRBA newsletter #33

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GENERAL NEWS
IRBAtoHost the IAESBMeeting
and a keynote address by theWorld Bank.
For more information on this meeting, including the agenda,
go to the IAESBwebsite link at
The IRBA will host the International Accounting Education
Standards Board (IAESB) Consultative Advisory Group
(CAG), and IAESB meetings taking place, in Johannesburg
from 11-15 April 2016. The week-long meeting will, for the first
time, include a forum that will be open to all stakeholders in the
profession. The forum will consist of two panel discussions
2 2 Issue 33 January - March 2016
Latest Public Compliance Communication
?Terrorist Property Reports in terms of Section 28Aof the FIC
Act; and
?Suspicious and Unusual Transaction Reports in terms of
Section 29 of the FICAct.
All temporary login credentials will be valid until Friday 22April
2016 at 17h00. Queries on this and other compliance matters
c a n b e l o g g e d i n v i a t h e F I C w e b s i t e a t
or you can call
0860-222-200.
The Financial Intelligence Centre (FIC) has issued Public
Compliance Communication No.34, which allows accountable
and reporting institutions not registered as at 7 March 2016 to
contact the FIC to obtain temporary login credentials. This will
allow these institutions to submit a report to the FIC.
Using the temporary login credentials, accountable and
reporting institutions will be able to submit the following reports
to the FIC:
?Cash Threshold Reports in terms of Section 28 of the FIC
Act;
HoldingOut Update
that the individual has since been removed from the institute's
register. The individual was prosecuted for contravening
Section 41 of the Auditing Profession Act by creating an
impression that he was a registered auditor.
Following the successful prosecution of ES Mzileni by the
Commercial Crime Unit of the SAPS in Durban – as mentioned
in the January-March 2015 IRBA News (Issue 29) – the
Institute of Accounting and Commerce has informed the IRBA