{"id":916,"date":"2026-10-24T11:55:06","date_gmt":"2026-10-24T00:55:06","guid":{"rendered":"https:\/\/nexiant.ai\/resources\/blogs\/?p=916"},"modified":"2026-10-28T11:58:07","modified_gmt":"2026-10-28T00:58:07","slug":"insights-fic-directive-10-group-monitoring-coverage","status":"publish","type":"post","link":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/","title":{"rendered":"How FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question"},"content":{"rendered":"\n<style>\n  .nx-blog * { box-sizing: border-box; margin: 0; padding: 0; }\n  .nx-blog { font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, sans-serif; font-size: 16px; line-height: 1.75; color: #1a1a2e; max-width: 820px; margin: 0 auto; }\n  .nx-blog h2 { font-size: 1.55rem; font-weight: 700; color: #00184C; margin: 2.5rem 0 0.75rem; padding-bottom: 0.4rem; border-bottom: 3px solid #073EA1; }\n  .nx-blog h3 { font-size: 1.15rem; font-weight: 700; color: #073EA1; margin: 1.75rem 0 0.5rem; }\n  .nx-blog h4 { font-size: 0.98rem; font-weight: 700; color: #00184C; margin: 1.25rem 0 0.35rem; }\n  .nx-blog p { margin-bottom: 1rem; }\n  .nx-blog ul, .nx-blog ol { margin: 0.5rem 0 1rem 1.4rem; }\n  .nx-blog li { margin-bottom: 0.4rem; }\n  .nx-blog strong { color: #00184C; }\n\n  .nx-hero { background: linear-gradient(135deg, #00184C 0%, #073EA1 100%); color: #fff; border-radius: 12px; padding: 1.75rem 2rem; margin-bottom: 2rem; }\n  .nx-hero .nx-tag { display: inline-block; background: rgba(255,255,255,0.15); color: #AEC9FF; font-size: 0.75rem; font-weight: 600; text-transform: uppercase; letter-spacing: 0.08em; padding: 4px 12px; border-radius: 20px; margin-bottom: 0.6rem; }\n  .nx-hero .nx-meta { font-size: 0.95rem; color: #AEC9FF; margin: 0; }\n\n  .nx-callout { border-left: 4px solid #073EA1; background: #f0f4ff; border-radius: 0 8px 8px 0; padding: 1rem 1.25rem; margin: 1.5rem 0; }\n  .nx-callout.nx-callout--warning { border-left-color: #A30000; background: #fff5f5; }\n  .nx-callout .nx-callout-title { font-size: 0.8rem; font-weight: 700; text-transform: uppercase; letter-spacing: 0.07em; color: #073EA1; margin-bottom: 0.4rem; }\n  .nx-callout.nx-callout--warning .nx-callout-title { color: #A30000; }\n  .nx-callout p { margin: 0; font-size: 0.95rem; color: #1a1a2e; }\n\n  .nx-media { margin: 1.5rem 0 1.75rem; }\n  .nx-media img { width: 100%; height: auto; display: block; border-radius: 12px; border: 1px solid #d0daf5; background: #f5f8ff; }\n  .nx-media .nx-caption { font-size: 0.82rem; color: #666; text-align: center; margin-top: 0.6rem; line-height: 1.5; font-style: italic; }\n\n  .nx-flow { display: grid; grid-template-columns: repeat(4, 1fr); gap: 12px; margin: 1.5rem 0 1.75rem; position: relative; }\n  .nx-flow-step { background: #fff; border: 1px solid #d0daf5; border-radius: 12px; padding: 1rem; text-align: center; position: relative; }\n  .nx-flow-step::after { content: \"\u2192\"; position: absolute; right: -14px; top: 50%; transform: translateY(-50%); color: #073EA1; font-weight: 700; font-size: 1.2rem; }\n  .nx-flow-step:last-child::after { display: none; }\n  .nx-flow-number { width: 30px; height: 30px; border-radius: 50%; background: #073EA1; color: #fff; font-size: 0.8rem; font-weight: 700; display: flex; align-items: center; justify-content: center; margin: 0 auto 0.6rem; }\n  .nx-flow-step h4 { font-size: 0.9rem; color: #00184C; margin-bottom: 0.35rem; }\n  .nx-flow-step p { font-size: 0.8rem; color: #555; margin: 0; line-height: 1.5; }\n\n  .nx-grid { display: grid; grid-template-columns: repeat(auto-fit, minmax(185px, 1fr)); gap: 12px; margin: 1.25rem 0 1.75rem; }\n  .nx-card { background: #fff; border: 1px solid #d0daf5; border-radius: 10px; padding: 1rem; }\n  .nx-card-icon { width: 36px; height: 36px; border-radius: 8px; background: #073EA1; display: flex; align-items: center; justify-content: center; margin-bottom: 0.6rem; }\n  .nx-card-icon svg { width: 18px; height: 18px; fill: #fff; }\n  .nx-card h4 { font-size: 0.88rem; font-weight: 700; color: #00184C; margin-bottom: 0.2rem; }\n  .nx-card p { font-size: 0.8rem; color: #555; margin: 0; line-height: 1.5; }\n\n  .nx-table-wrap { overflow-x: auto; margin: 1.25rem 0 1.75rem; }\n  .nx-table { width: 100%; border-collapse: collapse; font-size: 0.9rem; }\n  .nx-table thead tr { background: #00184C; color: #fff; }\n  .nx-table th { text-align: left; padding: 10px 14px; font-weight: 600; }\n  .nx-table td { padding: 9px 14px; border-bottom: 1px solid #e0e7f5; color: #1a1a2e; vertical-align: top; }\n  .nx-table tbody tr:nth-child(even) { background: #f5f8ff; }\n  .nx-badge { display: inline-block; font-size: 0.73rem; font-weight: 600; padding: 2px 9px; border-radius: 20px; }\n  .nx-badge--red { background: #fde8e8; color: #A30000; }\n  .nx-badge--blue { background: #EEF2FF; color: #073EA1; }\n\n  .nx-signal-panel { background: #f5f8ff; border: 1px solid #d0daf5; border-radius: 12px; padding: 1.25rem; margin: 1.5rem 0 1.75rem; }\n  .nx-signal-panel h3 { margin-top: 0; color: #00184C; }\n  .nx-signal-grid { display: grid; grid-template-columns: repeat(auto-fit, minmax(180px, 1fr)); gap: 10px; margin-top: 1rem; }\n  .nx-signal { background: #fff; border-radius: 10px; padding: 0.9rem; border-left: 4px solid #073EA1; }\n  .nx-signal strong { display: block; font-size: 0.88rem; margin-bottom: 0.25rem; }\n  .nx-signal span { font-size: 0.8rem; color: #555; line-height: 1.5; }\n\n  .nx-scenario { background: linear-gradient(135deg, #00184C 0%, #073EA1 100%); color: #fff; border-radius: 12px; padding: 1.5rem; margin: 1.75rem 0; }\n  .nx-scenario h3 { color: #fff; margin-top: 0; margin-bottom: 0.6rem; }\n  .nx-scenario p { color: #E7EFFF; margin-bottom: 0.8rem; }\n  .nx-scenario ul { margin-bottom: 0; }\n  .nx-scenario li { color: #E7EFFF; }\n\n  .nx-stack { margin: 1.5rem 0 1.75rem; }\n  .nx-stack-layer { display: flex; align-items: flex-start; gap: 14px; background: #fff; border: 1px solid #d0daf5; border-radius: 12px; padding: 1rem; margin-bottom: 10px; }\n  .nx-stack-icon { width: 38px; height: 38px; border-radius: 10px; background: #073EA1; color: #fff; font-weight: 700; font-size: 0.85rem; display: flex; align-items: center; justify-content: center; flex-shrink: 0; }\n  .nx-stack-layer h4 { margin: 0 0 0.25rem; color: #00184C; font-size: 0.95rem; }\n  .nx-stack-layer p { margin: 0; font-size: 0.86rem; color: #444; line-height: 1.6; }\n\n  .nx-obligations { margin: 1.25rem 0 1.75rem; }\n  .nx-obl-item { background: #fff; border: 1px solid #d0daf5; border-left: 4px solid #073EA1; border-radius: 0 10px 10px 0; padding: 1rem 1.25rem; margin-bottom: 10px; }\n  .nx-obl-item h4 { font-size: 0.93rem; font-weight: 700; color: #00184C; margin-bottom: 0.3rem; }\n  .nx-obl-item p { font-size: 0.87rem; color: #444; margin: 0; line-height: 1.6; }\n\n  .nx-inline-link { color: #073EA1; text-decoration: underline; font-weight: 600; }\n  .nx-inline-link:hover { color: #00184C; }\n\n  .nx-faq { margin: 1.25rem 0 1.75rem; }\n  .nx-faq-item { border: 1px solid #d0daf5; border-radius: 8px; margin-bottom: 8px; overflow: hidden; }\n  .nx-faq-q { width: 100%; background: #fff; border: none; text-align: left; padding: 1rem 1.25rem; font-size: 0.95rem; font-weight: 600; color: #00184C; cursor: pointer; display: flex; justify-content: space-between; align-items: center; gap: 1rem; }\n  .nx-faq-q:hover { background: #f5f8ff; }\n  .nx-faq-q .nx-chevron { flex-shrink: 0; width: 20px; height: 20px; border-radius: 50%; background: #EEF2FF; display: flex; align-items: center; justify-content: center; transition: transform 0.25s; }\n  .nx-faq-q .nx-chevron svg { width: 10px; height: 10px; stroke: #073EA1; fill: none; }\n  .nx-faq-q[aria-expanded=\"true\"] .nx-chevron { transform: rotate(180deg); background: #073EA1; }\n  .nx-faq-q[aria-expanded=\"true\"] .nx-chevron svg { stroke: #fff; }\n  .nx-faq-a { display: none; padding: 0 1.25rem 1rem; font-size: 0.92rem; color: #333; line-height: 1.7; background: #fff; }\n  .nx-faq-a.open { display: block; }\n\n  .nx-cta { background: linear-gradient(135deg, #00184C 0%, #073EA1 100%); border-radius: 12px; padding: 2rem; text-align: center; margin-top: 2.5rem; }\n  .nx-cta h3 { color: #fff; font-size: 1.3rem; font-weight: 700; margin-bottom: 0.5rem; }\n  .nx-cta p { color: #AEC9FF; font-size: 0.95rem; margin-bottom: 1.25rem; }\n  .nx-cta a { display: inline-block; background: #E11A1A; color: #fff; font-weight: 700; font-size: 0.95rem; padding: 0.7rem 1.8rem; border-radius: 6px; text-decoration: none; transition: background 0.2s; }\n  .nx-cta a:hover { background: #A30000; }\n  .nx-divider { border: none; border-top: 1px solid #e0e7f5; margin: 2rem 0; }\n  .nx-disclaimer { font-size: 0.8rem; color: #888; font-style: italic; text-align: center; margin-top: 1.5rem; }\n\n  @media (max-width: 720px) {\n    .nx-flow { grid-template-columns: 1fr; }\n    .nx-flow-step::after { content: \"\u2193\"; right: 50%; top: auto; bottom: -18px; transform: translateX(50%); }\n    .nx-stack-layer { flex-direction: column; }\n  }\n<\/style>\n\n\n<div class=\"nx-blog\">\n\n  <!-- HERO -->\n  <div class=\"nx-hero\">\n    <span class=\"nx-tag\">Transaction Monitoring &nbsp;\u00b7&nbsp; October 2026 &nbsp;\u00b7&nbsp; South Africa<\/span>\n    <p class=\"nx-meta\">Directive 10 is a registration rule, not a monitoring rule. Its value for risk leaders is that it forces a group to state where it operates, which is the list a monitoring map should reconcile to.<\/p>\n  <\/div>\n\n  <!-- INTRODUCTION -->\n  <p><strong>FIC Directive 10<\/strong> reads like an administrative rule, and in one sense it is. <a href=\"https:\/\/www.fic.gov.za\/wp-content\/uploads\/2026\/07\/Directive-10-On-information-pertaining-to-geographic-locations.pdf\" class=\"nx-inline-link\" target=\"_blank\" rel=\"noopener\">Directive 10 of 2026<\/a> specifies the geographic location particulars that must accompany an accountable institution\u2019s registration with the Financial Intelligence Centre under section 43B of the Financial Intelligence Centre Act, 2001 (FICA). It was signed by the FIC Director on 31 July 2026 and took effect on publication in the Government Gazette.<\/p>\n  <p>The Directive does not mention transaction monitoring. The FIC\u2019s stated purpose is to help it and supervisory bodies understand group structures and apply risk-based supervision of group-wide compliance. That purpose is the link for a risk leader. A group that must tell the supervisor where it operates should be able to show that its monitoring covers those places.<\/p>\n  <p>This article sets out what the Directive requires, what the FIC has said about scope, and a reconciliation that connects the registered footprint to monitoring coverage.<\/p>\n\n  <!-- TOP VISUAL -->\n  <div class=\"nx-media\">\n    <img decoding=\"async\"\n      src=\"data:image\/svg+xml,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' width='820' height='460' viewBox='0 0 820 460'%3E%3Cdefs%3E%3ClinearGradient id='bg' x1='0' y1='0' x2='1' y2='1'%3E%3Cstop offset='0' stop-color='%2300184C'\/%3E%3Cstop offset='1' stop-color='%23073EA1'\/%3E%3C\/linearGradient%3E%3C\/defs%3E%3Crect width='820' height='460' rx='22' fill='url(%23bg)'\/%3E%3Ctext x='410' y='70' text-anchor='middle' font-family='Arial, sans-serif' font-size='30' font-weight='700' fill='%23ffffff'%3EFootprint to coverage%3C\/text%3E%3Crect x='86' y='132' width='165' height='92' rx='18' fill='%23ffffff' opacity='0.92'\/%3E%3Crect x='328' y='132' width='165' height='92' rx='18' fill='%23ffffff' opacity='0.88'\/%3E%3Crect x='570' y='132' width='165' height='92' rx='18' fill='%23ffffff' opacity='0.84'\/%3E%3Crect x='207' y='272' width='165' height='92' rx='18' fill='%23ffffff' opacity='0.86'\/%3E%3Crect x='449' y='272' width='165' height='92' rx='18' fill='%23ffffff' opacity='0.90'\/%3E%3Ccircle cx='168' cy='162' r='16' fill='%23073EA1'\/%3E%3Ccircle cx='410' cy='162' r='16' fill='%23073EA1'\/%3E%3Ccircle cx='652' cy='162' r='16' fill='%23073EA1'\/%3E%3Ccircle cx='290' cy='302' r='16' fill='%23073EA1'\/%3E%3Ccircle cx='531' cy='302' r='16' fill='%23073EA1'\/%3E%3Ctext x='168' y='198' text-anchor='middle' font-family='Arial, sans-serif' font-size='17' font-weight='700' fill='%2300184C'%3ERegister%3C\/text%3E%3Ctext x='410' y='198' text-anchor='middle' font-family='Arial, sans-serif' font-size='17' font-weight='700' fill='%2300184C'%3EList%3C\/text%3E%3Ctext x='652' y='198' text-anchor='middle' font-family='Arial, sans-serif' font-size='17' font-weight='700' fill='%2300184C'%3EMap%3C\/text%3E%3Ctext x='290' y='338' text-anchor='middle' font-family='Arial, sans-serif' font-size='17' font-weight='700' fill='%2300184C'%3EReconcile%3C\/text%3E%3Ctext x='531' y='338' text-anchor='middle' font-family='Arial, sans-serif' font-size='17' font-weight='700' fill='%2300184C'%3EUpdate%3C\/text%3E%3Ctext x='410' y='410' text-anchor='middle' font-family='Arial, sans-serif' font-size='20' font-weight='600' fill='%23AEC9FF'%3EA reconciliation view%3C\/text%3E%3C\/svg%3E\"\n      alt=\"FIC Directive 10 visual showing the reconciliation from registered group footprint through a list of locations and a monitoring coverage map to reconciliation and updates within 90 days\"\n      loading=\"lazy\"\n      width=\"820\"\n      height=\"460\"\n    >\n    <p class=\"nx-caption\">The registered footprint and the monitoring coverage map should agree, and a change to either should trigger a check of the other.<\/p>\n  <\/div>\n\n  <!-- QUICK ANSWER -->\n  <div class=\"nx-callout\">\n    <div class=\"nx-callout-title\">Quick answer<\/div>\n    <p>Directive 10 of 2026, signed by the FIC Director on 31 July 2026, requires specified accountable institutions to give the FIC the locations of their head office, branches and subsidiaries, with contact details for the compliance function at each. Institutions already registered have 90 days from commencement to update and 90 days to update after any later change. It applies to legal practitioners, certain trust and company service providers, estate agents, gambling institutions, credit providers other than banks, Postbank, high-value goods dealers, the South African Mint and crypto asset service providers.<\/p>\n  <\/div>\n\n  <h2 id=\"what-directive-10-requires\"><span class=\"ez-toc-section\" id=\"What_Directive_10_requires\"><\/span>What Directive 10 requires<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p>An accountable institution with operations in more than one geographic location must give, when it registers, the name, licence number and registration number where applicable, the business address and the contact details of the person carrying out the compliance function under section 42A(2)(b) of FICA, for its head office, each branch, each subsidiary\u2019s head office and each subsidiary\u2019s branches, in South Africa and abroad. Institutions already registered when the Directive commenced must update their registration within 90 days of commencement, and must update again within 90 days after any change. Failure to comply is non-compliance that can attract an administrative sanction under FICA.<\/p>\n  <p>The Directive applies to the accountable institutions in items 1, 2, 3, 9, 11 (excluding banks, mutual banks and co-operative bank credit providers), 14, 20, 21 and 22 of Schedule 1 to FICA. Moonstone\u2019s report of the final Directive maps these to legal practitioners, certain trust and company service providers, estate agents, gambling institutions, credit providers other than banks, Postbank, high-value goods dealers, the South African Mint and crypto asset service providers. The draft had covered every Schedule 1 institution, and the FIC has indicated that a further directive may follow for the financial institutions sector.<\/p>\n  <div class=\"nx-table-wrap\">\n    <table class=\"nx-table\">\n      <thead>\n        <tr><th>Location type<\/th><th>Particulars required<\/th><th>Compliance contact<\/th><\/tr>\n      <\/thead>\n      <tbody>\n        <tr>\n          <td><strong>Head office<\/strong><\/td>\n          <td>Name, licence and registration numbers, business address<\/td>\n          <td><span class=\"nx-badge nx-badge--blue\">Person carrying out the compliance function<\/span><\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Branches in and outside South Africa<\/strong><\/td>\n          <td>As for head office, for each branch<\/td>\n          <td><span class=\"nx-badge nx-badge--blue\">Person responsible for the branch\u2019s particulars<\/span><\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Subsidiary head offices<\/strong><\/td>\n          <td>As for head office, for each subsidiary<\/td>\n          <td><span class=\"nx-badge nx-badge--blue\">Compliance contact for the subsidiary<\/span><\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Subsidiary branches<\/strong><\/td>\n          <td>As for head office, for each branch of each subsidiary<\/td>\n          <td><span class=\"nx-badge nx-badge--blue\">Compliance contact for the branch<\/span><\/td>\n        <\/tr>\n      <\/tbody>\n    <\/table>\n  <\/div>\n\n  <h2 id=\"what-counts-as-a-branch\"><span class=\"ez-toc-section\" id=\"What_counts_as_a_branch\"><\/span>What counts as a branch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p>The Directive defines a branch as a physical office, not a separate legal entity or accountable institution, located away from the head office, where business is conducted for the institution and products and services are provided to clients. In its consultation feedback, as reported by Moonstone, the FIC said this means premises where Schedule 1 products and services are provided directly and in person to clients. It said the Directive does not reach data centres, ATMs, remote-working locations or virtual platforms. A business that operates mainly through a virtual platform must still give its head office, and where it uses third-party agents to engage clients, the agents\u2019 branches must be listed.<\/p>\n  <p>The FIC also said the Directive does not require branches or subsidiaries to register as separate accountable institutions.<\/p>\n  <div class=\"nx-grid\">\n    <div class=\"nx-card\">\n      <div class=\"nx-card-icon\"><svg viewBox=\"0 0 20 20\"><path d=\"M10 1L3 5v6c0 4.25 3 8.22 7 9 4-.78 7-4.75 7-9V5l-7-4zm0 2.18l5 2.78V11c0 3.13-2.18 6.07-5 6.93C7.18 17.07 5 14.13 5 11V5.96l5-2.78z\"\/><\/svg><\/div>\n      <h4>In scope<\/h4>\n      <p>Physical premises where Schedule 1 services are provided in person.<\/p>\n    <\/div>\n    <div class=\"nx-card\">\n      <div class=\"nx-card-icon\"><svg viewBox=\"0 0 20 20\"><path d=\"M3 3h14v2H3zm0 4h14v2H3zm0 4h10v2H3zm0 4h7v2H3z\"\/><\/svg><\/div>\n      <h4>Out of scope<\/h4>\n      <p>Data centres, ATMs, remote-working locations and virtual platforms.<\/p>\n    <\/div>\n    <div class=\"nx-card\">\n      <div class=\"nx-card-icon\"><svg viewBox=\"0 0 20 20\"><path d=\"M10 2a8 8 0 100 16A8 8 0 0010 2zm1 11H9V9h2v4zm0-6H9V5h2v2z\"\/><\/svg><\/div>\n      <h4>Virtual businesses<\/h4>\n      <p>Give the head office; list third-party agents\u2019 branches.<\/p>\n    <\/div>\n    <div class=\"nx-card\">\n      <div class=\"nx-card-icon\"><svg viewBox=\"0 0 20 20\"><path d=\"M13 6a3 3 0 11-6 0 3 3 0 016 0zm5 10a7 7 0 00-14 0h14z\"\/><\/svg><\/div>\n      <h4>No separate registration<\/h4>\n      <p>Branches and subsidiaries are not registered as separate institutions.<\/p>\n    <\/div>\n  <\/div>\n\n  <h2 id=\"why-the-footprint-list-is-not-the-monitoring-perimeter\"><span class=\"ez-toc-section\" id=\"Why_the_footprint_list_is_not_the_monitoring_perimeter\"><\/span>Why the footprint list is not the monitoring perimeter<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p>The two lists answer different questions. The registered footprint says where the institution provides services in person. Monitoring coverage says which customers, products and channels generate alerts and who reviews them. A virtual product sold nationally may have no branch to list yet carry most of the transaction risk, and a branch may be listed that handles few transactions.<\/p>\n  <p>The reconciliation is therefore a check, not a rule: for each listed location and the head office, can the group show which monitoring rules, case queue and named reviewer cover its customers and products, and for each monitored product, can it show where it is delivered from?<\/p>\n  <div class=\"nx-table-wrap\">\n    <table class=\"nx-table\">\n      <thead>\n        <tr><th>Footprint item<\/th><th>Monitoring question<\/th><th>Evidence to hold<\/th><\/tr>\n      <\/thead>\n      <tbody>\n        <tr>\n          <td><strong>Head office<\/strong><\/td>\n          <td>Which team owns monitoring policy and rule changes for the group?<\/td>\n          <td><span class=\"nx-badge nx-badge--blue\">Named owner and approval records<\/span><\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Each branch<\/strong><\/td>\n          <td>Which alerts arise from branch-originated activity, and who reviews them?<\/td>\n          <td><span class=\"nx-badge nx-badge--blue\">Case queue assignment by origin<\/span><\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Each subsidiary<\/strong><\/td>\n          <td>Does the subsidiary run the group\u2019s rules or its own, and who approves differences?<\/td>\n          <td><span class=\"nx-badge nx-badge--blue\">Rule-set comparison and sign-off<\/span><\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Virtual channels and agents<\/strong><\/td>\n          <td>Which product and channel risks sit outside any listed branch?<\/td>\n          <td><span class=\"nx-badge nx-badge--blue\">Channel-level coverage map<\/span><\/td>\n        <\/tr>\n      <\/tbody>\n    <\/table>\n  <\/div>\n\n  <h2 id=\"dates-and-the-next-update\"><span class=\"ez-toc-section\" id=\"Dates_and_the_next_update\"><\/span>Dates and the next update<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p>The Directive took effect on publication in Government Gazette No. 55097 of 31 July 2026, as reported by Moonstone. On a count of 90 days from 31 July 2026, the first update window runs to 29 October 2026. That date is calculated; each institution should confirm it against its own reading of the commencement date. After that, any change to the particulars must be updated within 90 days.<\/p>\n  <p>The FIC has said further guidance will explain how the information must be submitted, and that submissions will go through a dedicated category on its registration and reporting platform that does not affect existing reporting.<\/p>\n  <div class=\"nx-flow\">\n    <div class=\"nx-flow-step\">\n      <div class=\"nx-flow-number\">1<\/div>\n      <h4>31 July 2026<\/h4>\n      <p>Directive 10 signed; effective on Gazette publication.<\/p>\n    <\/div>\n    <div class=\"nx-flow-step\">\n      <div class=\"nx-flow-number\">2<\/div>\n      <h4>29 October 2026<\/h4>\n      <p>End of the first 90-day update window, on a calculated count.<\/p>\n    <\/div>\n    <div class=\"nx-flow-step\">\n      <div class=\"nx-flow-number\">3<\/div>\n      <h4>After a change<\/h4>\n      <p>Particulars updated within 90 days of the change.<\/p>\n    <\/div>\n    <div class=\"nx-flow-step\">\n      <div class=\"nx-flow-number\">4<\/div>\n      <h4>Possible later step<\/h4>\n      <p>FIC has indicated a further directive may follow for financial institutions.<\/p>\n    <\/div>\n  <\/div>\n\n  <h2 id=\"four-checks-for-risk-leaders\"><span class=\"ez-toc-section\" id=\"Four_checks_for_risk_leaders\"><\/span>Four checks for risk leaders<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p>The Directive is an obligation about registration. These four checks use it to test something it does not require.<\/p>\n  <div class=\"nx-obligations\">\n    <div class=\"nx-obl-item\">\n      <h4>List what you registered<\/h4>\n      <p>Keep the filed list of locations and contacts as the reference footprint.<\/p>\n    <\/div>\n    <div class=\"nx-obl-item\">\n      <h4>Map monitoring to each location<\/h4>\n      <p>Show the rules, queue and reviewer that cover each listed location and each virtual channel.<\/p>\n    <\/div>\n    <div class=\"nx-obl-item\">\n      <h4>Trigger a check on change<\/h4>\n      <p>A new branch, subsidiary or agent should prompt a monitoring coverage review as well as a registration update.<\/p>\n    <\/div>\n    <div class=\"nx-obl-item\">\n      <h4>Name the contact<\/h4>\n      <p>Make sure the compliance contact filed for each location can describe its monitoring.<\/p>\n    <\/div>\n  <\/div>\n\n  <h2 id=\"how-nexiant-supports-group-coverage-mapping\"><span class=\"ez-toc-section\" id=\"How_Nexiant_supports_group_coverage_mapping\"><\/span>How Nexiant supports group coverage mapping<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p>FraudShield, Nexiant\u2019s specialist transaction-monitoring brand, is built around real-time detection, configurable rule logic and case-management workflows. For group coverage mapping, the useful tests of any monitoring capability are whether alerts can be traced to the location or channel they came from, whether rule sets can be compared across subsidiaries, and whether changes to configuration are recorded. Nexiant brings these questions together across compliance, fraud and monitoring as a design discipline, not as a claim about one integrated system.<\/p>\n\n\n  <hr class=\"nx-divider\">\n\n  <h2 id=\"frequently-asked-questions\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <!-- FAQ -->\n  <div class=\"nx-faq\">\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">What is FIC Directive 10?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">Directive 10 of 2026 specifies, under section 43B of FICA, the geographic location particulars that must accompany an accountable institution\u2019s registration with the FIC: its head office, branches, each subsidiary\u2019s head office and the subsidiaries\u2019 branches, in South Africa and abroad.<\/div>\n    <\/div>\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">Who must comply with Directive 10?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">It applies to the accountable institutions in items 1, 2, 3, 9, 11 (excluding banks, mutual banks and co-operative bank credit providers), 14, 20, 21 and 22 of Schedule 1 to FICA. The FIC has indicated a further directive may follow for the financial institutions sector.<\/div>\n    <\/div>\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">When must institutions update their registration?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">Institutions registered at commencement must update within 90 days of commencement, and must update again within 90 days after any change to the particulars. The Directive took effect on Gazette publication on 31 July 2026, so a count of 90 days ends on 29 October 2026.<\/div>\n    <\/div>\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">Does Directive 10 change transaction monitoring requirements?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">No. The Directive concerns registration particulars. The FIC\u2019s stated purpose is to help it and supervisory bodies understand group structures and apply risk-based supervision of group-wide compliance.<\/div>\n    <\/div>\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">What happens if an institution does not comply?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">Failure to comply with any provision is non-compliance and is subject to an administrative sanction under FICA, read with sections 61A and 45C.<\/div>\n    <\/div>\n  <\/div>\n\n  <!-- CTA -->\n  <div class=\"nx-cta\">\n    <h3>Check that monitoring coverage matches your footprint<\/h3>\n    <p>Speak with a Nexiant expert about mapping monitoring coverage across branches, subsidiaries and virtual channels, or explore FraudShield\u2019s case-management and rule-configuration capability.<\/p>\n    <a href=\"https:\/\/nexiant.ai\/contact-us\/\">Speak with an expert<\/a>\n  <\/div>\n\n  <p class=\"nx-disclaimer\">This article was accurate at the time of publication in October 2026 and is intended for general informational purposes only. It does not constitute legal, regulatory or compliance advice. Organisations should seek qualified professional guidance in relation to their specific obligations.<\/p>\n\n<\/div>\n\n<script>\n  document.querySelectorAll('.nx-faq-q').forEach(function(btn) {\n    btn.addEventListener('click', function() {\n      var expanded = this.getAttribute('aria-expanded') === 'true';\n      this.setAttribute('aria-expanded', !expanded);\n      this.nextElementSibling.classList.toggle('open', !expanded);\n    });\n  });\n<\/script>\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is FIC Directive 10?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Directive 10 of 2026 specifies, under section 43B of FICA, the geographic location particulars that must accompany an accountable institution\u2019s registration with the FIC: its head office, branches, each subsidiary\u2019s head office and the subsidiaries\u2019 branches, in South Africa and abroad.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Who must comply with Directive 10?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"It applies to the accountable institutions in items 1, 2, 3, 9, 11 (excluding banks, mutual banks and co-operative bank credit providers), 14, 20, 21 and 22 of Schedule 1 to FICA. The FIC has indicated a further directive may follow for the financial institutions sector.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"When must institutions update their registration?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Institutions registered at commencement must update within 90 days of commencement, and must update again within 90 days after any change to the particulars. The Directive took effect on Gazette publication on 31 July 2026, so a count of 90 days ends on 29 October 2026.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Does Directive 10 change transaction monitoring requirements?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"No. The Directive concerns registration particulars. The FIC\u2019s stated purpose is to help it and supervisory bodies understand group structures and apply risk-based supervision of group-wide compliance.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What happens if an institution does not comply?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Failure to comply with any provision is non-compliance and is subject to an administrative sanction under FICA, read with sections 61A and 45C.\"\n      }\n    }\n  ]\n}\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Transaction Monitoring &nbsp;\u00b7&nbsp; October 2026 &nbsp;\u00b7&nbsp; South Africa Directive 10 is a registration rule, not a monitoring rule. Its value for risk leaders is that it forces a group to state where it operates, which is the list a monitoring map should reconcile to. FIC Directive 10 reads like an administrative rule, and in one [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":918,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_aioseo_title":"FIC Directive 10 and Group Monitoring Coverage | Nexiant","_aioseo_description":"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.","om_disable_all_campaigns":false,"footnotes":""},"categories":[14,86],"tags":[38],"class_list":["post-916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aml-2","category-south-africa","tag-transaction-monitoring"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - aioseo.com -->\n\t<meta name=\"description\" content=\"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<meta name=\"author\" content=\"Zeeshan Rizvi\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/\" \/>\n\t\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.4\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"AI-Assisted Fraud Prevention and Risk Management - Nexiant\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"FIC Directive 10 and Group Monitoring Coverage | Nexiant\" \/>\n\t\t<meta property=\"og:description\" content=\"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/nexiant.ai\/resources\/blogs\/wp-content\/uploads\/2025\/11\/Nexiant-Dark-Logo-Apr.png\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/nexiant.ai\/resources\/blogs\/wp-content\/uploads\/2025\/11\/Nexiant-Dark-Logo-Apr.png\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-10-24T00:55:06+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-10-28T00:58:07+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"FIC Directive 10 and Group Monitoring Coverage | Nexiant\" \/>\n\t\t<meta name=\"twitter:description\" content=\"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/nexiant.ai\/resources\/blogs\/wp-content\/uploads\/2025\/11\/Nexiant-Dark-Logo-Apr.png\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#blogposting\",\"name\":\"FIC Directive 10 and Group Monitoring Coverage | Nexiant\",\"headline\":\"How FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question\",\"author\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/author\\\/zeeshan\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Nx-fic-directive-10-feature.png\",\"width\":1920,\"height\":1080},\"datePublished\":\"2026-10-24T11:55:06+11:00\",\"dateModified\":\"2026-10-28T11:58:07+11:00\",\"inLanguage\":\"en-AU\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#webpage\"},\"articleSection\":\"AML, South Africa, Transaction Monitoring\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/category\\\/aml-2\\\/#listItem\",\"name\":\"AML\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/category\\\/aml-2\\\/#listItem\",\"position\":2,\"name\":\"AML\",\"item\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/category\\\/aml-2\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#listItem\",\"name\":\"How FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#listItem\",\"position\":3,\"name\":\"How FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/category\\\/aml-2\\\/#listItem\",\"name\":\"AML\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/#organization\",\"name\":\"AI-Assisted Fraud Prevention and Risk Management\",\"description\":\"Nexiant\",\"url\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wp-nexiant.nexiant.ai\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/Nexiant-Dark-Logo-Apr.png\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#organizationLogo\"},\"image\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#organizationLogo\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/nexiantai\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/author\\\/zeeshan\\\/#author\",\"url\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/author\\\/zeeshan\\\/\",\"name\":\"Zeeshan Rizvi\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5060e430addd1087c0299e5ea76cd12ea794a85047ffecd5cfbbf24f4c1fbb2f?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Zeeshan Rizvi\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#webpage\",\"url\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/\",\"name\":\"FIC Directive 10 and Group Monitoring Coverage | Nexiant\",\"description\":\"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.\",\"inLanguage\":\"en-AU\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/author\\\/zeeshan\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/author\\\/zeeshan\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Nx-fic-directive-10-feature.png\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#mainImage\",\"width\":1920,\"height\":1080},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/insights-fic-directive-10-group-monitoring-coverage\\\/#mainImage\"},\"datePublished\":\"2026-10-24T11:55:06+11:00\",\"dateModified\":\"2026-10-28T11:58:07+11:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/#website\",\"url\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/\",\"name\":\"AI-Assisted Fraud Prevention and Risk Management\",\"description\":\"Nexiant\",\"inLanguage\":\"en-AU\",\"publisher\":{\"@id\":\"https:\\\/\\\/nexiant.ai\\\/resources\\\/blogs\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"FIC Directive 10 and Group Monitoring Coverage | Nexiant","description":"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.","canonical_url":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#blogposting","name":"FIC Directive 10 and Group Monitoring Coverage | Nexiant","headline":"How FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question","author":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/author\/zeeshan\/#author"},"publisher":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/nexiant.ai\/resources\/blogs\/wp-content\/uploads\/2026\/10\/Nx-fic-directive-10-feature.png","width":1920,"height":1080},"datePublished":"2026-10-24T11:55:06+11:00","dateModified":"2026-10-28T11:58:07+11:00","inLanguage":"en-AU","mainEntityOfPage":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#webpage"},"isPartOf":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#webpage"},"articleSection":"AML, South Africa, Transaction Monitoring"},{"@type":"BreadcrumbList","@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/nexiant.ai\/resources\/blogs\/#listItem","position":1,"name":"Home","item":"https:\/\/nexiant.ai\/resources\/blogs\/","nextItem":{"@type":"ListItem","@id":"https:\/\/nexiant.ai\/resources\/blogs\/category\/aml-2\/#listItem","name":"AML"}},{"@type":"ListItem","@id":"https:\/\/nexiant.ai\/resources\/blogs\/category\/aml-2\/#listItem","position":2,"name":"AML","item":"https:\/\/nexiant.ai\/resources\/blogs\/category\/aml-2\/","nextItem":{"@type":"ListItem","@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#listItem","name":"How FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question"},"previousItem":{"@type":"ListItem","@id":"https:\/\/nexiant.ai\/resources\/blogs\/#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#listItem","position":3,"name":"How FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question","previousItem":{"@type":"ListItem","@id":"https:\/\/nexiant.ai\/resources\/blogs\/category\/aml-2\/#listItem","name":"AML"}}]},{"@type":"Organization","@id":"https:\/\/nexiant.ai\/resources\/blogs\/#organization","name":"AI-Assisted Fraud Prevention and Risk Management","description":"Nexiant","url":"https:\/\/nexiant.ai\/resources\/blogs\/","logo":{"@type":"ImageObject","url":"https:\/\/wp-nexiant.nexiant.ai\/wp-content\/uploads\/2025\/11\/Nexiant-Dark-Logo-Apr.png","@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#organizationLogo"},"image":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#organizationLogo"},"sameAs":["https:\/\/www.linkedin.com\/company\/nexiantai"]},{"@type":"Person","@id":"https:\/\/nexiant.ai\/resources\/blogs\/author\/zeeshan\/#author","url":"https:\/\/nexiant.ai\/resources\/blogs\/author\/zeeshan\/","name":"Zeeshan Rizvi","image":{"@type":"ImageObject","@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/5060e430addd1087c0299e5ea76cd12ea794a85047ffecd5cfbbf24f4c1fbb2f?s=96&d=mm&r=g","width":96,"height":96,"caption":"Zeeshan Rizvi"}},{"@type":"WebPage","@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#webpage","url":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/","name":"FIC Directive 10 and Group Monitoring Coverage | Nexiant","description":"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.","inLanguage":"en-AU","isPartOf":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/#website"},"breadcrumb":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#breadcrumblist"},"author":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/author\/zeeshan\/#author"},"creator":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/author\/zeeshan\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/nexiant.ai\/resources\/blogs\/wp-content\/uploads\/2026\/10\/Nx-fic-directive-10-feature.png","@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#mainImage","width":1920,"height":1080},"primaryImageOfPage":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/#mainImage"},"datePublished":"2026-10-24T11:55:06+11:00","dateModified":"2026-10-28T11:58:07+11:00"},{"@type":"WebSite","@id":"https:\/\/nexiant.ai\/resources\/blogs\/#website","url":"https:\/\/nexiant.ai\/resources\/blogs\/","name":"AI-Assisted Fraud Prevention and Risk Management","description":"Nexiant","inLanguage":"en-AU","publisher":{"@id":"https:\/\/nexiant.ai\/resources\/blogs\/#organization"}}]},"og:locale":"en_US","og:site_name":"AI-Assisted Fraud Prevention and Risk Management - Nexiant","og:type":"article","og:title":"FIC Directive 10 and Group Monitoring Coverage | Nexiant","og:description":"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.","og:url":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/","og:image":"https:\/\/nexiant.ai\/resources\/blogs\/wp-content\/uploads\/2025\/11\/Nexiant-Dark-Logo-Apr.png","og:image:secure_url":"https:\/\/nexiant.ai\/resources\/blogs\/wp-content\/uploads\/2025\/11\/Nexiant-Dark-Logo-Apr.png","article:published_time":"2026-10-24T00:55:06+00:00","article:modified_time":"2026-10-28T00:58:07+00:00","twitter:card":"summary_large_image","twitter:title":"FIC Directive 10 and Group Monitoring Coverage | Nexiant","twitter:description":"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.","twitter:image":"https:\/\/nexiant.ai\/resources\/blogs\/wp-content\/uploads\/2025\/11\/Nexiant-Dark-Logo-Apr.png"},"aioseo_meta_data":{"post_id":"916","title":"FIC Directive 10 and Group Monitoring Coverage | Nexiant","description":"FIC Directive 10 requires specified institutions to register branch and subsidiary locations. What it means for monitoring coverage across a group.","keywords":null,"keyphrases":{"focus":{"keyphrase":"FIC Directive 10","score":0,"analysis":[]},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":{"faqs":[],"keyPoints":[],"schemas":[],"titles":[],"descriptions":[],"socialPosts":{"email":{"subject":"","preview":"","content":""},"linkedin":[],"twitter":[],"facebook":[],"instagram":[]}},"created":"2026-10-28 00:55:07","updated":"2026-10-28 01:12:56","focus_keyword":"FIC Directive 10","additional_keywords":null,"truseo_locale":null,"seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/nexiant.ai\/resources\/blogs\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/nexiant.ai\/resources\/blogs\/category\/aml-2\/\" title=\"AML\">AML<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tHow FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/nexiant.ai\/resources\/blogs\/"},{"label":"AML","link":"https:\/\/nexiant.ai\/resources\/blogs\/category\/aml-2\/"},{"label":"How FIC Directive 10 Turns Group Footprint Data Into a Monitoring Coverage Question","link":"https:\/\/nexiant.ai\/resources\/blogs\/insights-fic-directive-10-group-monitoring-coverage\/"}],"_links":{"self":[{"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/posts\/916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/comments?post=916"}],"version-history":[{"count":1,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/posts\/916\/revisions"}],"predecessor-version":[{"id":917,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/posts\/916\/revisions\/917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/media\/918"}],"wp:attachment":[{"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/media?parent=916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/categories?post=916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/tags?post=916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}