FICA – Expert Module | Corporate Rebels Academy

Instructor

Nicole Donaldson

Reviews 4.94 (16 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?

Doing CDDs.
Client and UBOs.
Reporting to the FIC.

Requirements

Module 1 - Elementary and Module 2 - is a prerequisite for Module 3 - Expert

Course Content

Introduction
- Welcoming Note
- Disclaimer
- About the Expert Module
- Outcomes
FICA Risk Framework and Risk Awareness
- Definitions
- Why the RMCP and Risk Matrix
- Risk Faced by Accountable Institutions
- Risk Faced by AIs
Risk Mitigation and Customer Due Diligence (CDD)
- Sanction Screening
- Sanction Screening
- Business Relationships
- Business Relationship
- Initial and Ongoing Customer Due Diligence (CDD)
- Initial and Ongoing Customer Due Diligence (CDD)
Client Identification and Verification
- CDD on South African Natural Persons
- CDD for a Foreign Nationals (Resident in SA or Another Jurisdiction)
- Automatic High-Risk Individuals
- Ultimate Beneficial Ownership (UBO)
- Client Identification and Verification
Transaction Monitoring and Reporting
- Suspicious Activity and Suspicious Transactions
- Suspicious Activity and Suspicious Transactions
Data Protection and Regulatory Alignment
- Protection of Personal Information Act (PoPIA)
- Protection of Personal Information Act (PoPIA)
Internal Controls, Emerging Risks and Compliance
- Screening of Employees
- Screening of Employees
- Cybercrime and Money Laundering
- Cybercrime and Money Laundering
- Consequences of Non-Compliance
Final Assessment
- Final Assessment
In Closing
- Your Certificate

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FICA – Expert Module

Nicole Donaldson

Course Overview

What You'll Learn?

Course Content

Welcoming Note

Disclaimer

About the Expert Module

Outcomes

Definitions

Why the RMCP and Risk Matrix

Risk Faced by Accountable Institutions

Risk Faced by AIs

Sanction Screening

Sanction Screening

Business Relationships

Business Relationship

Initial and Ongoing Customer Due Diligence (CDD)

Initial and Ongoing Customer Due Diligence (CDD)

CDD on South African Natural Persons

CDD for a Foreign Nationals (Resident in SA or Another Jurisdiction)

Automatic High-Risk Individuals

Ultimate Beneficial Ownership (UBO)

Client Identification and Verification

Suspicious Activity and Suspicious Transactions

Suspicious Activity and Suspicious Transactions

Protection of Personal Information Act (PoPIA)

Protection of Personal Information Act (PoPIA)

Screening of Employees

Screening of Employees

Cybercrime and Money Laundering

Cybercrime and Money Laundering

Consequences of Non-Compliance

Final Assessment

Your Certificate

Student Feedback