Although the requirement to implement a Risk Management and Compliance Programme (section 42 of the FIC Act) came into effect on 2 October 2017, accountable institutions have been granted some time to implement this. Accountable institutions are reminded that they must have fully adopted and implemented an RMCP by 2 April 2019 to replace their FICA Internal Rules.
Masthead hosts A Practical Guide to developing your own FICA Risk Management & Compliance Programme Seminar where you can learn how to customise an RMCP for your business. The seminar is CPD accredited and will provide you with examples of Questionnaires, Risk Rating methods, and KYC Checklists. By attending this seminar, you will make progress towards fully developing and implementing a FICA RMCP which is customised to your business and its risks. Read more about this seminar
Masthead also offers face-to-face implementation of the RMCP in your business with one of our specialised Practice Management Consultants.
For more information on this seminar or if you would like to know more about implementation of the RMCP, please get in touch with us.