The Financial Intelligence Centre Act (FIC Act)

• Delve into the provisions of the FIC Act (Act No. 38 of 2001).
• Discuss reporting obligations, customer due diligence, and suspicious transaction
  reporting.
• Explore the role of the Financial Intelligence Centre (FIC).

Vulnerabilities and Mitigation Strategies

• Identify vulnerabilities within financial institutions and explore mitigation strategies.
• Discuss the importance of robust internal controls and risk management practices.
• Case studies will illustrate successful risk mitigation efforts.

Customer Due Diligence (CDD) and Politically Exposed Persons (PEPs)

• Understand the CDD process and its role in preventing illicit financial flows.
• Learn how to identify and handle politically exposed persons.
• Practical guidance on conducting thorough due diligence.

Reporting and Sanctions

• Explore reporting mechanisms for suspicious transactions.
• Understand the enforcement of AML legislation.
• Discuss the impact of sanctions and freezing regulations.

Networking Opportunities

• Connect with industry experts and thought leaders.
• Share experiences and best practices.
• Build partnerships and collaborative strategies.