FICA Compliance for Accountable Institutions

Customer due diligence, risk rating and suspicious transaction reporting are daily work for accountable institutions. The obligations under the Financial Intelligence Centre Act are set out in practical terms, including beneficial ownership checks, record keeping periods and what a compliance officer should escalate and when.

What you will be able to do

Determine whether a business falls within the categories of accountable institution.
Apply customer due diligence proportionate to the money laundering risk presented by each client.
Verify beneficial ownership for companies, trusts and partnerships.
Screen clients against sanctions and prominent influential person lists.
Recognise reportable activity and prepare a suspicious transaction report within the required period.
Maintain a risk management and compliance programme that survives a supervisory inspection.

Course outline

01Accountable institutions and scope of duties
02Risk based approach and client risk rating
03Customer due diligence and identity verification
04Beneficial ownership and complex structures
05Sanctions and prominent person screening
06Reporting obligations and timelines
07Record keeping, training and inspection readiness

Who should attend

Compliance officers, money laundering reporting officers, client onboarding staff, attorneys, estate agents, accountants and financial services practitioners.

Dates, venues and fees

Dates	Venue	Days	Fee
17 to 18 Aug 2026	Harare	2	US$1,100
24 to 25 Aug 2026	Kampala	2	US$1,100
31 Aug to 1 Sep 2026	Dar es Salaam	2	US$1,100
7 to 8 Sep 2026	Pretoria	2	R10,000
14 to 15 Sep 2026	Cape Town	2	R10,000
28 to 29 Sep 2026	Online	2	US$900
5 to 6 Oct 2026	Mozambique	2	US$1,100
12 to 13 Oct 2026	Cairo	2	US$1,100
19 to 20 Oct 2026	Accra	2	US$1,100
26 to 27 Oct 2026	Lusaka	2	US$1,100
2 to 3 Nov 2026	Kigali	2	US$1,100
9 to 10 Nov 2026	Nairobi	2	US$1,100
16 to 17 Nov 2026	Durban	2	R10,000
23 to 24 Nov 2026	Johannesburg	2	R10,000
7 to 8 Dec 2026	Mauritius	2	US$1,100
14 to 15 Dec 2026	Dubai	2	US$1,100
21 to 22 Dec 2026	Lagos	2	US$1,100

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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Training a whole team?

We can run FICA Compliance for Accountable Institutions privately for your team, on your dates and built around your own systems. Group delivery is usually more cost effective from about six delegates.

Run this in-house