Know Your Customer & Exploring Ultimate Beneficial Ownership

Join us as we delve into the real-world steps of establishing and verifying the identity of your clients, related parties and ultimate beneficial owners.

Book your training

Click on your preferred date for more information and to book your training.

Why you should attend?

The Financial Intelligence Centre Act (FICA) requires that all Accountable Institutions perform client due diligence, when onboarding clients as well as carry out ongoing due diligence with existing clients.

During this 1.5 hour training session we will explore the requirements of FICA and its risk-based approach to due diligence, as well as delve into the real-world steps of establishing and verifying the identity of your clients.

An Overview of the Training

The three stages of money laundering are discussed and are referred to throughout the training to contextualise the various practical guidance and examples provided. At nCino our compliance team prides themselves on making the FIC Act easier to understand by using real-life examples.

The training aims to give you guidance that will help you get answers to the following questions:

Who you are?
Where you are?
What you do?
Where did you get the funds?
When did you get the funds?
What do you want to do?

What you will get

Upon completion of this training you will receive a certificate of attendance for your FICA compliance file, practical tips that you can implement in your business and if you are registered with the FPI you will also be able to claim 2.5 CPD points.

Training Costs: To join our open sessions (there may be others attending from other businesses):
R625.00 + VAT/per person

To book a bespoke session for just your business, at a date and time mutually agreed, please email kycafrica.compliance@ncino.com

What our customers say:

Easy to understand and informative

Very informative and important for a company to have nCino.

nCino will assist to make sure that we are dealing with people that have ulterior motives when using our firm for their business.

All the relevant and material aspects which relate to my role in FICA compliance management were dealt with in a succinct and informative manner. All the information provided is up to date so I do not actively have to go source the information, but can focus on key areas which need addressing through the Act. Thank you very much, team!

The training session was comprehensive and explained all requirements of FICA in an understandable manner.

They are very informative and did not just throw a bunch of information at you which overwhelms a person.

Practical examples were very beneficial

The training was captivating and easy to follow

Very clear and precise presentations and presenters are very professional.

Informative training, it gives a very crucial background on what to look for in terms of fraud and preventative measures to save the company from any loss of funds during these processes.