The Risk Management and Compliance Programme (“RMCP”) establishes guidelines and procedure to ensure full compliance with the FIC Act in identifying, measuring, monitoring, …

Risk Management and Compliance (RMC) Programme for anti-money laundering and counter-terrorist financing. the risk that the provision of services rendered by the attorney/Firm may …

1. INTRODUCTION AND SCOPE OF RMCP The Financial Intelligence Centre Act (FICA) and the FIC Amendment Act require that an accountable institution must formulate and implement …

2025年3月5日 · Accountable institutions are defined in Schedule 1 to FICA, as amended, and include certain credit providers and dealers in high-value goods. In terms of section 42(4) on 4 …

Section 42 of the FIC Act requires all accountable institutions to have in place a risk management and compliance programme (RMCP). An RMCP documents the identified money laundering, …

The LPC requires proof of registration in terms of FICA (i.e.: ORG ID) when opening a legal practice; Legal practitioners must, in support of the application for the fidelity fund certificate, …

1.9. This PCC includes a principal discussion of effective documentation of an RMCP document, a reference table of all applicable sections of the FIC Act that must be included in an RMCP …

2019年4月3日 · Section 42 (2) of FICA requires the RMCP to enable AIs to, amongst others, identify and manage risk arising from the provision of its products or services. The RMCP …

The Risk Management and Compliance Programme (“RMCP”) establishes guidelines and procedure to ensure full compliance with the FIC Act in identifying, measuring, monitoring, …

Amendments to the Financial Intelligence Centre Act (FICA) came into effect on 31 December 2022. It’s important to note that the enhanced compliance requirements occasioned by these …