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
Candidates who apply to write the board exam to obtain the AMLC Prac (SA) designation must:
- Hold at least Matric / NQF 4
- Have the required AML compliance work experience (NQF 4 = min 7 years | NQF5 = 6 years | NQF6 = 5 years | NQF6+ = 3 years)
- Remember - the lower the qualification, the more work experience will be required.
IF YOU MEET THE ABOVE REQUIREMENTS, THEN
APPLY HERE
2025 APPLICATIONS CLOSE 5 DECEMBER.
2026 APPLICATIONS OPEN 12 JANUARY.
FEES
- Application fee for eligibility: R1,850.00 (2025) | R1,995.00 (2026)
- Assessment fee: Exam or RPL fee: R6,250.00 (2026)
- Note: RPL is determined by assessor and is not elective.
Prices include Vat
2026 NEXT EXAM DATE
27 May 2026
- Eligible candidates who wish to write the May exam, must register by: 27 February 2026
- Prep session: 27 March 2026 (Compulsory)
- Technical dry runs: 23 April and 25 May 2026 (Both compulsory)
Contact professionalism@compliancesa.com for any queries.