Success Factors

Reduction of CIT crimeIndustry IntegrityStakeholder EngagementMinimum Standards

Reduction of CIT crime

  • Reduced CIT crime by operationalisation of the JOIC
  • Increased intelligence capabilities
  • Accurate reporting of CIT statistics
  • Prevention through disruptive, visible activities
  • Identification and apprehension of perpetrators
  • Vetting database for dismissed staff

Industry Integrity

  • Create and maintain industry integrity
  • Provide strategic direction to the industry for the prevention of CIT crime
  • Ensure compliance

Stakeholder Engagement

  • Improve and maintain key stakeholder relationships
    • Banks
    • SAPS, NPA
    • CGC, PSI, BAC
    • CIT companies
  • Sharing of statistical CIT- related information
  • Cooperative and consolidated focus between all stakeholders to collaboratively drive key success factors in the industry

Minimum Standards

  • Regulation of the CIT industry by formulating minimum standards
  • Improved industry sustainability
  • Continued stakeholder engagements
  • Assist regulatory authority to ensure that regulations are met
  • Positive reduction in CIT-related incidents
  • Collective industry minimum standards to allow for shared best practices to combat CIT crime in the cash industry