Get a Comprehensive Overview of FICA Legislation
As an accountable institution you are required to comply with the provisions of FICA. The new FICA landscape is very different to what you were used to in the past and the cost of non- compliance if far too high. Training is key …. Don’t put your organization at risk … make sure that you do what it takes to comply.
- This thorough practical course will help you to understand your obligation in terms of the Financial Intelligence Centre Act and give you an understanding of how to assist your organization ensure compliance.
What you will learn:
- · Understanding Key Concepts and terminology
- · Understanding the context of AML
- · Understanding the SA AML Landscape
- · Customer Due Diligence Requirements
- · Risk Based Approach
- · Record Keeping Obligations
- · Reporting Obligations
· Risk Management Compliance Programme
- · Training
- · Responsibility of the Board & Senior Management
- · Exemptions
· Penalties for Non-compliance