FICA is the cornerstone of South Africa’s fight against money laundering and the financing of terrorism. As an employee of an accountable institution, you are on the front line of this national effort. FICA applies to a broad range of industries, including financial services, real estate, legal services, insurance, and motor dealers, and places specific obligations on institutions and their staff. The law mandates the identification, monitoring, and reporting of potentially illegal financial activities. Non-compliance is not just a business risk, it’s a legal and criminal risk.
- Teacher: Delia Green
Skill Level: Beginner
Points Allocated:
3,5 CPDs
Approval Number:
FPI24017736
CPD Category: Ethics and Practice Standards