In September the Prudential Authority fined Capitec R28 million, and by the bank's own account, not a cent was laundered. It was punished for something quieter: it could not prove its controls were working. If that can happen to a bank, ask what it means for a practice of one. Under FICA, the duty to report a suspicious client is yours, personally. No proof required. Suspicion is enough. Your honest clients are not your defence. Your paper trail is.

Fraud is not just a big-company problem; it’s costing small practices, SMEs, and NPOs millions each year. In Red Flags & Right Choices: Fraud Prevention and Ethics That Pay Off, Leana van der Merwe unpacks real South African cases, showing how fraud happens and how ethics can prevent it. The session gives accountants practical tools to spot red flags early, strengthen controls, and turn ethical advice into a valuable client service that builds trust and protects reputations.