FICA Overview
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FICA Overview

This course introduces the Financial Intelligence Centre Act (FICA) and its role in combating money laundering and terrorism financing. Learners will gain practical insight into identifying, verifying, and reporting suspicious transactions to ensure business compliance.
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FICA Overview – Course Overview

This course provides a foundational understanding of the Financial Intelligence Centre Act (FICA) and its role in combating financial crime in South Africa. Learners will explore the responsibilities of accountable institutions and compliance measures required to prevent money laundering.

Topics Covered:

  • Introduction to FICA
  • Accountable institutions and their obligations
  • Client due diligence procedures
  • Risk-based compliance approach
  • Consequences of non-compliance
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