Introduction to FICA: A Guide for Macsteel Employees
Instructor
Nicole Donaldson
Reviews
Course Overview
The Macsteel FICA (Financial Intelligence Centre Act) Training Module is designed to provide employees with a clear understanding of South Africa’s anti-money laundering (AML) legislation and the importance of compliance within the organisation.
This course introduces the key principles of FICA and explains how Macsteel, as an accountable institution, plays a role in preventing financial crime. It covers essential topics such as the legislative framework, risk management, customer due diligence (CDD), and reporting obligations.
Employees will gain practical insight into their responsibilities in identifying, preventing, and reporting activities related to money laundering, terrorist financing, and proliferation financing.
What You'll Learn?
- The Macsteel FICA (Financial Intelligence Centre Act) Training Module is designed to provide employees with a clear understanding of South Africa’s anti-money laundering (AML) legislation and the importance of compliance within the organisation.
- This course introduces the key principles of FICA and explains how Macsteel, as an accountable institution, plays a role in preventing financial crime. It covers essential topics such as the legislative framework, risk management, customer due diligence (CDD), and reporting obligations.
- Employees will gain practical insight into their responsibilities in identifying, preventing, and reporting activities related to money laundering, terrorist financing, and proliferation financing.
Course Content
- Overview of the Module
- Introduction to FICA
- Accountable Institutions and Macsteel’s Responsibilities under FICA
- Risk Management and Compliance Program (RMCP)
- Risk Based Approach and Risk Identification
- Customer Due Diligence (CDD)
- Employee Responsibilities and Conduct
- Reporting and Suspicious Activity
- Record Keeping
- Compliance Management
- In Closing
Mpho Lapisi
The course was informative.
vusani.mamafha@macsteel.co.za
the course was clear, practical, and easy to follow. it helped me understand my responsibities around FICA, CDD and reporting.
moira.holt@macsteel.co.za
lungelo.sibeko@macsteel.co.za
course was clear and practical. the quizzes helped test FICA knowledge. easy to follow for Macsteel employees.
geelbooi.nhlapo@macsteel.co.za
Really Informative. Thank you so Much