FICA – Intermediate Module
Instructor
Eugene Joubert
Reviews
Course Overview
Our FICA (Financial Intelligence Centre Act) training modules are designed to ensure compliance with South African anti-money laundering legislation. The content covers an overview of the legislative framework, risk management, customer due diligence, and reporting obligations.
What You'll Learn?
- The seven pillars of FICA.
- Your institution's Risk Management and Compliance Programme.
- Identification and verification procedures.
- Record-keeping obligations.
- Recognising suspicious transactions and red flags.
- Reporting requirements and procedures.
- Consequences of non-compliance.
- Terrorist financing and financial sanctions.
- Ongoing due diligence and monitoring.
- This Module provides an overview of the Financial Intelligence Centre (FIC) Act, aimed at equipping Accountable Institutions and its employees with the basic knowledge required to understand the FIC Act and how it fits into the picture.
- The module FICA - Elementary must be done before attempting this Module.