Compliance That Saves Lives When people think of compliance, they often picture forms, checklists, and regulatory red tape. But in the realm of Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT), compliance is something far deeper - it literally saves lives. Behind every regulation and every flagged transaction lies a collective mission: to stop the flow of illicit funds that fuel violence, human trafficking, and global instability. At Pétanque NXT Afric

The Evolution of Risk Do “risk management” conjures up images of endless spreadsheets, colour-coded heat maps, and registers that quietly gather dust? We advocate that risk isn’t static and neither should the approach be. Risk should be treated as a living discipline, not a compliance task. When managed with intention, risk becomes a tool for insight, innovation, and strategic advantage. At Pétanque NXT Africa , we’ve spent the past decade helping organisations become more ri

The Risk of Doing Nothing   Let’s be honest - AML (Anti-Money Laundering) doesn’t often headline boardroom celebrations. It’s the topic everyone agrees is important, but no one wants to talk about for long. Yet, as 2024 reminded us, ignoring it is no longer an option.  Financial regulators across Africa, Europe, and the Middle East have increased enforcement dramatically. In South Africa, the Reserve Bank fined Grindrod Bank R10 million for failing to meet basic FICA obligati

The Invisible Thread of Trust Data privacy isn’t just a compliance box to tick; it’s the invisible thread holding together trust, reputation, and competitive advantage. When it breaks, the fallout is instant. In 2023, MOVEit’s data breach exposed millions of records, forcing hundreds of companies into costly damage control. But for every breach, there are also quiet success stories. Businesses that embed privacy into how they operate and, in doing so, build a reputation for r

Compliance isn’t glamorous. It doesn’t usually make the front page when done right, but when it fails, it dominates headlines. From...