Assisting FSPs meet their FICA Obligations

In recent months, the Financial Sector Conduct Authority (FSCA) has issued several fines to Financial Service Providers (FSPs) for failing to comply with anti-money laundering regulations. As the FSCA intensifies and continues its enforcement efforts, FSPs are urged to ensure their AML regulatory processes are not only created but actively used and implemented.

Join DocFox on the 8th of May at 10:00 for a free webinar to unravel the complexities South African FSPs face in complying with regulatory obligations. During this session the compliance experts will discuss how technology can be used as an enabler to establish and ensure standardised processes throughout your business to ensure consistency and mitigate errors, reducing the risk of being non-compliant.

Topics to be discussed:

• A look into the recent fines issued by the FSCA
• Common areas of non-compliance
• Overview of the key requirements
• How often should you be updating your RMCP
• How to use technology to reduce human error and intervention
• The benefits of using technology in your FICA processes

Would you like to connect with a DocFox representative?