Pieter Smit | Financial Intelligence Centre
Acting Director
Pieter Smit is the Acting Director and one of the Executive Managers of the Financial Intelligence Centre where he oversees the development of policy proposals on the implementation and reform of legislation against money laundering and terror financing. He is also responsible for coordinating South Africa’s participation in inter-governmental organisations such as the Financial Action Task Force and the Eastern and Southern Africa Anti-Money Laundering Group.
He started his career as a public prosecutor. Then, as a State Law Advisor of the South African Law Reform Commission, he was responsible for projects which resulted in legislation on, among others, money laundering, asset forfeiture, mutual legal assistance and extradition. He was then attached to the Asset Forfeiture Unit in the office of the National Director of Public Prosecutions, conducting applications relating to the confiscation and forfeiture of assets.
He holds a Bachelor’s degree in law from the University of Pretoria and a Master’s degree in law, with major subjects in banking and exchange law, from the University of Johannesburg.