The AMLC Prac (SA) provides an opportunity for those tasked with anti-money laundering (AML) / anti-financial crime (AFC) to professionalise their careers and to be awarded a SAQA-registered designation.
CANDIDATE PROFILE
Candidates are tasked with or involved in their organisation's anti-money laundering (AML) / anti-financial crime (AFC) efforts and activities. Typical activities include:
- Understand and being up to date with the AML / AFC regulatory framework, principles and standards, e.g FATF recommendations, FIC Act, etc.
- Implement and apply a risk-based approach to AML / AFC
- Assist with the compilation and evaluation of the organisation's Risk Management and Compliance program (RMCP)
- CDD / EDD
- Transaction monitoring
- Detect, investigate alerts, report suspicious activities and or transactions (SARs / STRs)
- Provide advice and guidance in relation to legislative / regulatory requirements, alerts, suspicious or unusual activities
- Identify training requirements of the organisation, monitor that training is undertaken and compliant with regulatory requirements
- Continuous improvement of the AML / AFC RMCP / process
- Oversight and management of AML / AFC teams
- Understand the digital landscape, contribute to technology plan and the relevant technology requirements, identify system improvements or alternative systems that can improve overall team efficiency
ELIGIBILITY REQUIREMENTS
Individuals applying for the AMLCPrac (SA) designation need to comply with the following entrance criteria:
- Be a member in good standing; and
- Not have anything in their past of present that will put CISA or the designation into disrepute; and
- Any of the following:
- Hold an Occupational Certificate: Compliance Officer on NQF 6 and have a minimum of three (3) years of AML-related work experience; or
- Hold a relevant qualification at NQF Level 6 and have a minimum of five (5) years of AML-related work experience; or
- Where the applicant holds a qualification below NQF Level 6, they may apply through the Recognition of Prior Learning (RPL) route, provided they have a minimum of seven (7) years of AML-related work experience.
IF YOU MEET THE ABOVE REQUIREMENTS, THEN
APPLY HERE
FEES
- Application fee for eligibility: R1,995.00
- Assessment fee: Exam or RPL fee: R6,250.00
- Note: RPL is determined by assessor and is not elective.
Prices include Vat
2027 EXAM DATES - Registrations will open in November 2026
9 JUNE 2027
Registrations close: 9 March 2027
Eligible candidates who wish to write the exam must attend the prep session and technical dry runs; date TBA.
13 OCTOBER 2027
Registrations close: 13 July 2027
Eligible candidates who wish to write the exam must attend the prep session and technical dry runs; dates TBA.
Contact professionalism@compliancesa.com for any queries.