The FICA Awareness Training is aimed at employees of accountable institutions and covers basic money-laundering and terrorist financing concepts, anti-money-laundering legislation in South Africa, the risk-based approach, and looks at the requirements for customer due diligence, reporting of certain transactions and record-keeping requirements.
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- Higher Certificate in Short-Term Insurance (NQF 5)
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FICA – Awareness Training
The FICA Awareness Training is aimed at employees of accountable institutions and covers basic money-laundering and terrorist financing concepts, anti-money-laundering legislation in South Africa, the risk-based approach, and looks at the requirements for customer due diligence, reporting of certain transactions and record-keeping requirements.
What will the FICA course enable you to do?
- The course deals with Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT), the Financial Intelligence Centre Act, POCA and POCDATARA, risk-management and compliance programmes (RMCP), customer due diligence, cash threshold and suspicious transaction reporting, terrorist property reporting and record-keeping.
Who should attend?
- Employees of accountable institutions
This course is ideal for:
- People employed by accountable institutions who are involved in the facilitating, processing or overseeing of financial transactions
- Compliance officers
Content
Terrorist Financing
This topic provides and explanation of Terrorism, Sources of Terrorist financing, the objectives of Terrorist organisations, and the impact of Money-laundering and financing terrorism.
This topic provides and explanation of Terrorism, Sources of Terrorist financing, the objectives of Terrorist organisations, and the impact of Money-laundering and financing terrorism.
Anti-money laundering legislation
This topic looks at the various Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) legislation in South Africa. Legislation covered include FICA, POCA and POCDATARA.
Role players and their responsibilities
This topic focuses on the various players in the AML/CFT arena and explains their responsibilities in terms of Reporting, Risk Management, Internal Controls, Customers Due Diligence, Record Keeping and the Impact on Employees, etc.
Learning Material
The learning material is developed by an industry expert according to industry requirements.
Availability of the FICA - Awareness Training
One can register at any time of the week (Monday to Friday). The learner will be linked to the learning material, on the Learning Management System, after registration and proof of payment is send to our office. After studying the material, the learner will complete the Final Assessment electronically
Dates
Registration deadline:
Learners can register at any time.
Learners can register at any time.
Payment deadline:
Payment should be done when a student register.
Accreditation and Certification
Certification
Students will receive a Certificate of Completion once the Final Assessment has been completed.
Students will receive a Certificate of Completion once the Final Assessment has been completed.
Method of training
Online learning
- No classroom training will be available.
- Learning material will be made available on the Learning Management System (LMS).
Admission Requirements
No admission requirements.
How to Register?
Registration is flexible and can be done 5 days a week for online learning.
Assessments
Online assessment
overview
Starting Date
All year
Method of Training
Online learning
Course Duration
6 months
Admission Requirements
No requirements
Fee:
R 523.00 (incl VAT)
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- FICA – Awareness Training
The FICA Awareness Training is aimed at employees of accountable institutions and covers basic money-laundering and terrorist financing concepts, anti-money-laundering legislation in South Africa, the risk-based approach, and looks at the requirements for customer due diligence, reporting of certain transactions and record-keeping requirements.
Qualifications
- Postgraduate Diploma in Financial Planning (NQF 8)
The qualification is designed to provide advanced financial planning skills, knowledge, attitudes and values in the areas of Financial Management, Asset Management, Investment Planning, Risk Management, Tax Planning, Retirement Planning, Estate Planning and Ethics in order to produce graduates to meet the growing need for financial planning professionals in SA.
- Advanced Certificate in Financial Planning (NQF 6)
The Advanced Certificate in Financial Planning (ACFP) provides the skills and knowledge required to provide holistic financial planning services to the ‘man in the street’ and prepares you for further specialised studies in financial planning. The ACFP also addresses the education requirement to obtain the FINANCIAL SERVICES ADVISOR™ (FSA™) designation awarded by the Financial Planning Institute of South Africa (FPI). Please visit: www.fpi.co.za for more information on ‘a career in financial planning’.
- Occupational Certificate: Compliance Officer (NQF 6)
Companies and organisations are required to comply with various regulations and legislative requirements. Moonstone Business School of Excellence’s Occupational Certificate: Compliance Officer (NQF level 6) qualification equips students with these expert skills, and practical experience in legal matters, compliance risk management as well as the compilation, implementation and reporting of compliance strategies.
- Higher Certificate in Wealth Management (NQF 5)
The Higher Certificate in Wealth Management (HCWM) provides an ideal entry point into the financial services industry in various roles, or to kickstart your career in financial planning. The HCWM is recognised by the Financial Services Conduct Authority for all product sub-categories of Category I FSPs, and can be used to fulfil fit and proper requirements for FAIS roles in Category I FSPs.
- Higher Certificate in Short-Term Insurance (NQF 5)
The qualification covers Short-term Insurance related learning and provides a framework for students to develop competencies that will give them insight into the short-term sub-sector. It introduces a basic understanding of the key terms, rules, concepts and principles of the fields that will prepare them for the industry.
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- Further Education and Training (FETC): Wealth Management (NQF 4)
The Qualification is a holistic introduction to Wealth Management and Wealth Creation. It enables intermediaries to understand the Wealth Management environment, the legislative requirements and product-related information. Our qualification is aimed at students with less than four years’ experience, newcomers to the industry, or those who have lots of experience, but would like to brush up on their product knowledge. We developed the Skills Programmes, covered in this qualification, to provide intermediaries with more options to comply with the requirements of the FAIS Act.
