Non-compliance with any of the required processes under FICA can result in hefty financial penalties and reputational damage. This course ensures that you and your team are equipped with the knowledge and practical tools to comply effectively, protect your organisation, and maintain high standards of integrity.

In this comprehensive session, we will:

• Address the most common areas of uncertainty in FICA compliance.
• Provide a detailed, step-by-step walkthrough of the Customer Due Diligence process and TFS screening.
• Offer practical guidance on identifying Beneficial Owners across various entity types.
• Clarify all reporting requirements and how to meet them effectively.
• Emphasize the importance of adhering strictly to your Risk Management and Compliance Programme (RMCP) to avoid non-compliance and the risk of severe penalties

• Compliance officer
• Employees of accountable institutions directly involved in the Customer Due Diligence process or TFS screening.
  
  

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