FICA- Financial Intelligence Centre Act

FICA, the Financial Intelligence Centre Act, is a cornerstone of South Africa’s efforts to combat financial crime, including money laundering, tax evasion, and the financing of terrorism. Under FICA, all accountable institutions, such as banks, estate agents, attorneys, and other financial service providers, are legally required to verify their clients, including their source of income. FICA compliance helps ensure transparency in financial transactions and strengthen the integrity of South Africa’s financial system. Failure to comply with FICA requirements can result in serious penalties, including fines and imprisonment.

By taking this online course, you will gain valuable, practical knowledge on anti-money laundering legislation, including FICA, POCA and POCDATARA, through structured lessons and interactive quizzes designed to deepen your understanding and ensure compliance

This course contributes to 12 hours of learning

• 4 lessons
• 24 topics and
• 4 Strategic quizzes

The pass mark is 80% so make your notes through the progression of the course

Once successfully completed, a certificate of attendance is downloadable on the site

Have fun, and put that learning cap on, as we just love empowering you in education!