Description

“Legal Practitioners are listed as Accountable Institutions in the FIC Act and are required to comply with various requirements to assist in the fight against money laundering and terrorist financing, one of which is compiling and keeping an appropriate Risk Management Compliance Programme (RMCP).”

Our FIC Act DIY Toolkit for Legal Practitioners is aimed at supporting Legal Practitioners with their FIC Act compliance processes. It will acquaint you with the FICA requirements for Legal Practitioners, guide you in implementing FICA in your practice and assist you in documenting your unique RMCP. The toolkit has been designed to equip you with the relevant knowledge to review, develop and align your practice’s FICA processes with the requirements, and help you take practical steps to implement the requirements on your own.

Key features include: 

• A FIC Act Guideline – The guideline document will help you navigate through the workbook and includes explanatory notes with steps on how to implement the requirements relevant to your practice.
• A FIC Act Risk Management & Compliance Programme Workbook – This workbook includes the latest information on implementing FICA in your practice, as well as a step-by-step RMCP workbook with guidance regarding the practical steps that you will need to follow to implement an RMCP, including editable RMCP annexures such as FICA checklists that can be customised to your practice.
• We provide editable questionnaires, checklists, example documentation and templates to help you implement the relevant activities suitable to your practice.
• Access to our FICA Online Course for Legal Practitioners – You will receive 2 x vouchers giving you 30 days access to our FICA Online Course for Legal Practitioners. This course will assist you by acquainting you with the various requirements applicable to Legal Practitioners and how to comply with same. It is an interactive course covering topics including Governance, Registration, Regulatory Framework, FICA Requirements for Onboarding and Customer due diligence and more. By completing this course, you will be able to evidence that you have done your training which is a requirement of the FIC Act. This course can also be purchased for any additional employees who require training. You can use this course to comply with the requirement to provide ongoing training to employees on the FIC Act.

The resources included in our toolkit will equip you with everything needed to help you on your journey to FICA compliance.