e-disclosure system

The e-disclosure system pulls data from CIP, NATIS and the Deeds office for verification but does not currently use SARS data, which could provide better indicators of wealth and income but faces legal limitations on tax information disclosure.

“The e-disclosure system... pulls data from the two systems, the three I think you say CIPC, the NATIS and the Deeds office for verification... what you have not listed and maybe suggested is whether it should not be able to pull data from the SARS system... The challenge... is that SARS has, in terms of its mandate, it is very restricted in disclosing taxpayer information and that creates certain limitations...”

The e-disclosure system currently replicates paper forms but has significant untapped potential to aggregate and compare asset data to identify anomalies and risk.

“The e - disclosure system in many ways in its current form is purely replicating what you would have on a paper form but just in a digital format . ... There is a huge amount of untapped potential in using this as a data source for understanding how these assets interact with one another , for comparing across profiles .”

Digitizing disclosures with automated import and algorithmic risk analysis can free resources and improve investigation focus on anomalies.

“There is a huge potential to free up those resources and to rather focus your human resources on investigating the anomalies , the strange cases .”

The current e-disclosure system integrates with national traffic information, Companies and Intellectual Properties Commission, and Deeds office to verify declared assets.

“So one of the functionalities that the system has currently is its integration with the national traffic information system , the Companies and Intellectual Properties Commission for a company's data and the Deeds office for property . So it is an important starting point to be able to verify what a person has disclosed and what are on the official records to determine whether the two of those add up”