Understanding Your Firms Obligations with the Financial Intelligence Centre


Date: Jun 18, 2024 - Jun 18, 2024

CPD hours: 2 Hours

Time: 09:00 - 11:00

Event Type: Webinar

Presenter: Lynette Badenhorst
Managing Director at Probeta Training

Should my firm register as an accountable institution with the Financial Intelligence Centre (FIC) or not?

Overview

For every accounting professional, the burning question revolves around whether their firm needs to be registered as an accountable institution with the Financial Intelligence Centre (FIC) and which of their clients are subject to the Customer Due Diligence (CDD) process.

Join us for this webinar where we provide guidance to help you determine whether you should register your firm or not.

If your firm is accountable, it is crucial to register with the FIC without delay.

Even if your firm is not accountable, you must be able to demonstrate how you evaluated all your activities to conclude that your firm is not accountable.


Webinar Content

By attending this webinar, we will provide clarity on:

• Whether your firm needs to register with the FIC.
• Which clients are subject to the Customer Due Diligence process.
• The importance of implementing an RMCP.

If your firm is required to be registered, you will need to develop and implement a Risk Management Compliance Program (RMCP). We have created an RMCP toolkit specifically designed for the accounting profession. During the webinar, we will also demonstrate how this toolkit can assist you.

An interactive Q&A session will follow the webinar, where we will answer all the questions you may have.

By attending this webinar, you will have a solid understanding of your firm’s registration obligations and the steps required for compliance with the FIC.


Competencies Developed in this Webinar

  • Understanding whether or not your firm is an accountable institution.
  • Determine which clients are subject to the Customer Due Diligence process.
  • Obtain an understanding of when a Risk Management Compliance Programme is required.

Presenter

 

Lynette Badehorst

CA (SA), M.Com Tax (Domestic & International)

Lynette Badenhorst is a qualified Chartered Accountant (SA) with extensive expertise in auditing, taxation, and legislation. She holds a BCom Honours degree from the University of the Free State and has pursued further qualifications including a Master's Degree in Domestic Tax and International Tax, as well as certificates in Tax, Forensic and Investigative Auditing. Lynette began her career at PROS Training, later becoming Financial Director and shareholder at ProBeta Accountancy Development (Pty) Ltd. Currently, she serves as Managing Director and shareholder of ProBeta Training (Pty) Ltd. Lynette is highly regarded for her lectures at prestigious institutions and international auditing update courses. She has developed compliance toolkits for accounting professionals and authored a widely-used tax guide.


CPD

Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of Tax CPD.


Event Investment

Free complimentary access.

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Venues & Dates

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