A Practical Guide To Developing Your Own FICA Risk Management & Compliance Programme

Seminar Information

Have you implemented a FICA Risk Management and Compliance Programme to replace your FICA Internal Rules?

Although requirement came into effect in October 2017, accountable institutions have some time to fully develop and implement their own FICA RMCP. This must be in place by 2 April 2019. We will help you to customise an RMCP that is specific to your business.

What will be covered:

During this Seminar we will practically guide you in the development of a FICA Risk Management and Compliance Programme to ensure that you meet this requirement. We will cover:

  • Governance
  • Implementation, Review & Accessibility
  • Registration
  • Regulatory Framework
  • A Risk Based Approach
  • Customer Due Diligence
  • Record Keeping
  • Reporting
  • Training

We will also provide you with examples of Questionnaires, Risk Rating methods and KYC Checklists.

CPD hours:

  • FSPs, Key Individuals and Representatives who attend this seminar will earn 6.5 CPD hours towards maintaining their competence requirements.
  • FPI members will be able to earn 4 CPD hours in the Ethics and Practice Standards category and 2.5 CPD hours in the Knowledge category.

Cost for members: R850,00 (incl VAT)
Cost for non-members: R1 250,00 (incl VAT)

How will attendees benefit

You will benefit from this Seminar by ensuring that you make progress towards fully developing and implementing a FICA RMCP which is customised to your business and its risks.

What attendees had to say about this seminar

“We would like to thank you for the seminar you presented on implementing a Risk Management and Compliance Programme. The manual and electronic template provided to us has been extremely useful! After sharing the invaluable information and assisting us, we were able to personalise and adapt these regulations to our practice. This was a worthwhile exercise and I am so grateful I made the time to attend your workshop. Thanks for all your support and making these tasks as monotonous-free as possible for us.” 

– Gary Hedger | Syner-G Wealth

As a Masthead member, I feel at ease knowing that I belong to a professional organisation. I attended the FICA Risk Management and Compliance Programme seminar as well as the How to create an effective Operations Manual for your FSP seminar and was impressed with how every business process was covered in detail. The effort taken to produce these professional documents is impressive. If it wasn’t for Masthead, I would be at a loss and non-compliant. Thank you, Masthead team. 

– Mark Spencer | MWS Assurance and Investment Group

I found the FICA Risk Management and Compliance Programme seminar extremely beneficial. The detailed explanations of all the topics made it very easy for me to compile our FICA Risk Management and Compliance Programme. 

Landie Smith | CGS Insurance Brokers

Accredited by the Financial Planning Institute of Southern Africa (FPI)


A national supplier of risk management services to independent financial advisors and other licensed financial service providers (FSPs). Established in 2004, we help our clients overcome their risk management challenges so they can grow and thrive in an increasingly regulated industry. Providing professional guidance and practical support, our team of specialists is passionately committed to delivering tangible solutions.

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Masthead is a level 1 B-BBEE contributor.

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