Our offices will be closed from 24 December 2025 and will re-open on 5 January 2026.

FIC Inspection Preparation and Support

Be Prepared for a FIC Inspection

During an inspection, the FIC or the Financial Sector Conduct Authority (FSCA), which supervises financial services providers (FSPs) on behalf of the FIC, will assess various compliance areas. It is a rigorous process that evaluates how well your business adheres to anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.

Failing to meet FICA obligations can result in penalties and remedial actions, making thorough preparation essential.

Masthead provides expert assistance to ensure that your Risk Management and Compliance Programme (RMCP) and related processes are inspection ready.

At Masthead, we help accountable institutions – including financial services providers (FSPs), legal practitioners, motor vehicle dealers, high-value goods dealers and property practitioners (estate agents) – achieve FICA compliance.


How We Help You Prepare for a FIC Inspection

Pre-Inspection Readiness Assessment

We evaluate your FICA compliance framework and identify gaps that could lead to findings during an inspection.

Mock FIC Audit

Our team conducts a trial inspection, simulating real FIC review processes to ensure you’re fully prepared.

Onsite Support During the Inspection

Our Compliance Officers provide on-the-ground assistance, guiding you through the inspection process.

How to Prepare for a FIC Inspection Webinar

In this practical webinar, we take you through what to expect before, during and after an inspection, share real-world insights from past FIC inspections and provide expert guidance on key compliance areas, documentation and employee training. Attendees earn CPD hours, and businesses can request a customised session tailored to their needs. Click to register or browse webinar dates


What Our Clients Say

“In April 2020, the FIC conducted an off-site inspection of our FSP’s compliance with the FIC Act through a detailed questionnaire. With Masthead’s assistance, we thoroughly reviewed and responded to all inquiries, basing our responses on our RMCP and associated procedures. The FIC’s final report confirmed our full compliance, with no remedial actions required. Masthead’s support ensured an efficient inspection process, and its continued assistance throughout the year has significantly contributed to our ongoing compliance success.”

– Jo-Anne Swart, Baker Tilly Greenwoods

WHO ARE WE

Established in 2004, Masthead (Pty) Ltd offers nationwide compliance and business support to independent financial advisors, corporate FSPs, credit providers, legal and property practitioners, and others. We help our clients navigate key regulations like FAIS, FICA, POPIA, and the National Credit Act. With a team of experts, we provide practical solutions across compliance, practice management, and business development to help businesses stay compliant and thrive. Masthead (Pty) Ltd is part of the Masthead Group, alongside Masthead Financial Planning (Pty) Ltd – a licensed FSP dedicated to supporting financial advisors with streamlined operational and regulatory solutions.

Why Masthead?

CONTACT US

Phone:

021 686 3588

E-mail:

 Show Email

B-BBEE CERTIFICATE

Masthead is a level 1 B-BBEE contributor.

Read more and view certificate