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FIC_goAML Login information
- 20 March 2025
- Regulatory Compliance and Legislation
- South African Accounting Academy
Summary:
The Financial Intelligence Centre (FIC) has published information on how to access their goAML submission portal.
Article:
The Financial Intelligence Centre (FIC) is receiving numerous calls enquiring how to access goAML, which is the main channel for registration with the FIC, and for communication and contact with accountable institutions. Importantly goAML is the platform for electronic regulatory reporting and compliance submissions to the FIC.
Your accountable institution will not be able to access goAML and discharge all its reporting, and submit compliance information to the FIC, and without the unique goAML organisational identity (Org ID) number of your entity, as registered on goAML.
The FIC urges all accountable institutions to ensure they have up to date and valid user access to goAML and, that their unique user and institution login credentials to the goAML platform are current.
Several of the volumes of calls the FIC is currently receiving relate to resetting of passwords, updating of user and institution login credentials, as well the registering of additional users on goAML.
The necessary steps to follow on both aspects are shown in the Notice, and also in other notices published by the FIC regarding e.g. online submission of RCMPs.
Click here to access the information document:
https://financialintelligencecentre.cmail20.com/t/d-e-sirido-dtjjmhhhh-p/
Relevance to Auditors, Independent Reviewers & Accountants:
- The Financial Intelligence Centre Act (FICA) is yet another piece of legislation that your clients must comply with, and which you must assess compliance with. If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (NOn-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.
- As an auditor and independent reviewer, you need to consider amendments, regulations, guidance and directives that are gazetted relating to FIC and accountable institutions, to ensure that your clients (or even your own practice) comply with their reporting obligations.
- As an Accountable Institution, you need to submit your RMCP, and submit all other relevant reports, or face administrative sanctions.
Relevance to Your Clients:
- Relevant entities (specifically accountable institutions) have a duty to comply with the FIC Act, otherwise they could be held liable. This includes online submission of their RMCP to FIC, as well as submitting other relevant report as required by FICA.
- Relevant entities should be aware of amendments, regulations, guidance and directives that are gazetted relating to FIC and accountable institutions, to ensure that they comply with their reporting obligations.
- All accountable institutions need to submit their RCR, and submit all other relevant reports, or face administrative sanctions.