FICA: Annual update for employees of Legal Practitioners
Why legal practitioners are an accountable institution: A refresher on the responsibilities and obligations under the FICA legislation.
Industry risks: Understanding the latest risks facing the industry, including money laundering threats
Transaction monitoring: A detailed discussion on ongoing client monitoring after initial onboarding, which is a critical focus during FIC inspections.
Practical case studies: Real-life examples of money laundering cases from South Africa and around the world to enhance employees' understanding of how criminals could exploit institutions.
Identifying suspicious activities: Training employees on how to identify and promptly report suspicious transactions or activities to the compliance office.
