FICA in Practice: Scams, Red Flags and Real-World Protection is a three-day, scenario-driven webinar series focusing on how criminals exploit FICA processes in practice. It equips staff and compliance teams to recognise scams early, strengthen judgement, and respond confidently when something feels “off”.
This practical series moves beyond legislation to examine real-world FICA failures, scam typologies and human decision-making risks. Through case studies and examples, participants learn how onboarding, CDD and reporting processes are exploited, where controls break down, and how to improve awareness, escalation and protection across the firm.
Day 1: Inside the Scam Playbook – How Criminals Exploit FICA Processes
• Why FICA-compliant firms are prime targets
• The myth of “technical compliance = safety”
• Common FICA-related scam typologies in practice
• Identity theft, synthetic identities and impersonation
• Abuse of trusts, companies and shelf entities
• False source of funds and circular transactions
• Manipulation of documents, urgency and trust
• Red flags commonly missed during onboarding and CDD
• Compliance Officers and compliance teams
• Directors, partners and key individuals
• Client-facing staff involved in onboarding and engagements
• Risk, governance and operational management
