FINANCE Minister Pravin Gordhan says Financial Intelligence Centre Act amendments are critically important in strengthening the financial system and ensuring it is of world standard to fight money laundering and terror financing.Parliament adopted the legislation unanimously.In his foreword to the 2015-16 Financial Intelligence Centre (FIC) annual report tabled in Parliament on Wednesday, Gordhan said the centre played a "pivotal role".On Tuesday, ANC secretary-general Gwede Mantashe and civil society groups called on President Jacob Zuma to sign the bill into law.Zuma, who has had the bill for several months, has been petitioned by the Progressive Professionals Forum to reject it on constitutional grounds.The FIC annual report noted that 3531 (higher than the previous year’s figure of 3236) accountable and reporting institutions submitted financial transaction reports to the FIC last year. They include banks, attorneys, estate agents, long-term insurers, gambling institutions and m...

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