Introduction ”Procrastination is the waste of time” and ”time is money”. Mathematically combining the above quotes we may conclude that procrastination is indeed the waste of money, but in supply chain intelligent and thoughtful procrastination in postponement can create wonders. (Hoek 2001:161) Describes delayed differentiation or postponement as a concept in supply chain wherein some of the activities are not performed until the customers places […]

Executive Summary In the recent times, new and innovative methods of funds transfer through electronic methods across the borders have increased. These have opened new opportunities for money laundering and financing of terrorism. With the recommendations made by the FAFT that the principle of Customer Due Diligence (CDD), conducted by financial institutions, be set out in law, a robust CDD system would be of paramount […]