FICA registration for new Accountable Institutions
A reminder, that all new entities and business activities that fall within the amended, widened scope of Schedule 1 must register as an accountable institution with the Financial Intelligence Centre and take steps to comply with the applicable FICA requirements. The amendments to the FICA Schedules came into effect on 19 December 2022. Click here to read more.
CPD Progress
FSPs, KIs and Reps are reminded that they should be on track with achieving the required number of hours for CPD. The deadline to meet the minimum number of required CPD hours is 31 May 2023, and it is therefore advisable that steady progress is made towards achieving this.
Access accredited CPD activities on the Masthead Learning Centre. You can also contact your Masthead Compliance Officer or email info@masthead.co.za to find out more about our various CPD activities.
Preparing Annual Financial Statements
FSPs with a financial year-end of 28 February must prepare their Annual Financial Statements for submission to the FSCA within 4 months of their financial year-end (30 June 2023) and, if required, attach Annexure A of FAIS Notice 82 of 2015.