South Africa loses an estimated R100bn a year to financial crime, yet the institutions meant to stop it still work in silos. Organised crime does not. According to RelyComply, its networks are coordinated, executing multiple financial crime typologies at once and at scale, while regulators, law enforcement and financial firms lack any standardised, interconnected risk [...] The post Can COFI end South Africa's siloed compliance crisis? appeared first on VCNews.co.
Market Analysis
Intelligence | July 09, 2026
Can COFI end South Africa's siloed compliance crisis?
Intelligence — July 09, 2026
South Africa loses an estimated R100bn a year to financial crime, yet the institutions meant to stop it still work in silos. Organised crime does not. According to RelyComply, its networks are coor...