FICA and Money Laundering for Compliance Officer and Management *

In-house course

3 Hours
Attendance at this seminar will secure 0 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, SAIT, SAIPA , ACCA, IACSA & IRBA).
LYNETTE BADENHORST   lynette@probetatraining.co.za

This session is designed to equip the Compliance Officer and management with a practical understanding of identifying, assessing, and managing high-risk clients in accordance with the Financial Intelligence Centre (FIC) legislation.

The training will focus on regulatory expectations, risk indicators, and the application of enhanced customer due diligence measures to ensure compliance and mitigate financial crime risks.


Key Topics Covered:

  • Understanding high-risk clients within the context of FIC legislation
  • Identifying red flags and risk indicators relevant to your industry
  • Dealing with Domestic and Foreign Prominent Influential Persons (DPIPs and FPIPs), Politically Influential Persons (PIPs), and clients from high-risk jurisdictions
  • Conducting Enhanced Customer Due Diligence (ECDD)
  • Identifying and verifying Beneficial Owners for companies, trusts, and other legal entities
  • Sanctions screening and asset freezing obligations
  • Practical compliance considerations and regulatory expectations

  • Managers
  • Compliance officers