IEASA Webinar - FICA 2024 - Session 1 - 9 April 2024

By IEASA http://ieasa.org.za/pub/home

Tue Apr 9, 10:00 - Tue Apr 9, 12:30

Online Webinar

ABOUT

IEASA Webinar - FICA 2024 - Session 1



Presenter: Koti Steynberg 


Host: Annette Evans


The FIC expect each registered Property Practitioner (Estate Agent) to be compliant according to the FATF expectations and their focus is on the property industry. 


These sessions focus on practical compliance following the FIC’s changes, Greylisting and New FIC expectations.


Both are based on the following:


  • FIC Act 2001-2023 with a focus on changes in December 2022. 
  • The FIC information sessions (Feb, March, Sept, Oct & Nov), 
  • Directives 2, 4, 6 & 8
  • NEW RMCP expectations 
  • PCCs released by the FIC this year.
  • FIC Centres DIRECT supervision and proof thereof to FATF
  • FIC’s new website
  • 7 Compliance obligations


We have to split the information into TWO sessions due amount of information and expectations from the FIC. We present it as practical as possible because we want you to be ready and able to use all the information supplied. In both sessions, we cover the applicable forms to be used during the application of your knowledge.


Session 1 will include:


  • Changes as Gazetted 31 December 2022
  • Understanding of money laundering (ML), terrorist financing (TF) and proliferation financing (PF) risks
  • Screening and risk rating of all employees (Directive 8 – immediately effective)
  • FPEP, DPEP & PIP – (Changes)
  • Compliance Officer (appointed/trained/tasks), 
  • Registration & Updating at FIC (GoAML), Directives 2 & 4                       
  • Training (initial, ongoing, new employees, evaluating & assistance)
  • Risk base approach and management cycle
  • Directives 6 & 8
  • Intro on Due Diligence, TFS screening, Risk Management and Compliance Programme (RMCP)


Everybody in the property industry is welcome!



Date: Tuesday 9 April 2024

Time: 10h00 – 12h30  

Cost: R300(This cost does not include the pack.)


Certificate of Attendance will be issued


 

A TOTAL MAKE-OVER - FICA Pack

THE NEW FICA Pack will be available with the new improved RMCP and the updated forms to perform the FICA process and include proof of compliance according to the FIC and FATF expectations. The new RMCP can be used as a training tool for your employees and as proof of methods used.