IEASA Webinar - FICA 2024 - Session 2 - 11 April 2024

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

Thu Apr 11, 10:00 - Thu Apr 11, 12:30

Online Webinar

ABOUT

IEASA Webinar - FICA A Total Make-Over - Session 2


 

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 2 will include:


  • Step-by-step on Risk Management and Compliance Programme (RMCP) changes as set out by the FIC during 2023
  • Quick look at inspection readiness.
  • Step-by-step on TFS screening 
  • Step-by-step on Customer Due Diligence (Client identification, verification)
  • Due Diligence and Enhanced Due Diligence
  • Beneficial Ownership - practical
  • Supporting documents and methods with the necessary changes.
  • Reporting (What, how, who and when)
  • Record keeping 
  • Risk-based approach - practical


Everybody in the property industry is welcome!


 

Date: Thursday 11 April 2024


Time: 10h00 – 12h30  


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


Certificate of Attendance will be issued



A TOTAL MAKE-OVER: 2023 - 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.